Posted 4/6/2021 20:59 (#8937109 - in reply to #8937071) Subject: RE: Thinking about ag economy
The wild card for the total global economy right now are interest rates. There is an immense amount of pressure to keep them low, meanwhile the crazy economic growth continues unabated. Servicing the mass quantity of debt that exists worldwide today would be incredible at even slightly higher rates.
I have no idea what situation could cause/allow them to rise, but it would have to be very powerful and I feel the results would not be pleasant for any sector of the market.