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southern MN | Either way it is a bubble.
You can make it almost a flat-line - very little bend to it. This would make a very stable ecconomy, very stable living. Perhaps boring to some folk, but - even.
You can make it a wild roller coaster. Big winners and big losers. Over & over.
I guess the govt (which means a whole lot of us...) wanted to push this one higher & higher & higher. No matter what the end result, we gotta get higher in the short term.
Well, then there has to be a big bottom.
Govt has wanted very stable, very very low food prices for a long time now. Kind of the opposite of the ecconomic bubble. We just burst that low-ag bubble over the past 24 months. I assume the govt will try real hard to return us to the very very low & long of bubbles in ag?
--->Paul | |
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