General Discussion

Wellstone ruled

(34,661 posts)

7. With all of the disruption coming to this years

Sat Feb 22, 2014, 08:37 PM

Feb 2014

growing season,just a repeat of 1979 and the Farm crash of of 1981. Can you say big time Foreclosure coming. Know several folks who are thinking about dumping everything on their Banks. They are trying to get by on Social Security cause everything else is gone or going to payback operating loans. This past Winter has plain and simply wipe them out. They were living the dream and now it is a nightmare. Just to damn old to start over.

First place t.o watch will be North Central Iowa and South Central Minnesota. This area is were the shit hit the fan in 81'.

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Half of U.S. Farmland Being Eyed by Private Equity [View all] Joe Shlabotnik Feb 2014 OP

Why are there no coops looking for those farms? sadoldgirl Feb 2014 #1

I can only guess that the prices Joe Shlabotnik Feb 2014 #3

Change blkmusclmachine Feb 2014 #2

That's what they use Depressions for: to force assets out of "weak" hands kenny blankenship Feb 2014 #4

+1 El_Johns Feb 2014 #6

KR El_Johns Feb 2014 #5

With all of the disruption coming to this years Wellstone ruled Feb 2014 #7

�They also reprioritise what commodities are grown on that land, based on what can yield the highest Agony Feb 2014 #8

There is BIG money to be made! - land resource-based alternative asset hedge funds Agony Feb 2014 #9

The idea of Wall Street owning all the farms says it all about what's wrong with capitalism. reformist2 Feb 2014 #10

one of the single biggest threats we face, its real, and its right now reddread Feb 2014 #11

The housing market is largely made up of private equity buyers as well. pa28 Feb 2014 #12