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Land Market
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MU1979
Posted 8/3/2010 08:49 (#1299075 - in reply to #1298693)
Subject: Re: Land Market


Missouri
For anyone that has not seen what happens from 22% interest on an operating note let alone everything else. Please read 1923Gleaners response, 5 times over. Print it out and put it up somewhere. Had to many friends that made the statement, if you lay the cards out on the table and they come up to bankruptcy, just do it and walk away with your head high. Several of these committed suicide before it was over. It is not pretty. While hope wrong, we are past the time to step out of this line. The edge of the cliff will break back and effect even those that do not walk over the edge. The ripple effect will pass into suppliers and elevators which purchase our grain. Got to be careful with prepay's and deferred payments. Anything done in advance will soften the fall.

Edited by MU1979 8/3/2010 08:49
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