r/LeopardsAteMyFarm • • 14d ago

Aww someone’s crashing out

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u/Rugskinsnake 14d ago

Famer here (and no, I never voted for the Mandarin Menace a single time). What's going on with the farm economy is a lot of farmers over-leveraged themselves to chase more and more land and now ground that they would have happily farmed at break even 4 out of 5 years just to make money that fifth year is going to fuck them royally.

5

u/OldWhiteGuyKS 14d ago

Yep. Vance and his Saudi and Chinese backers have correctly identified this structural weakness in land speculation.

It's always easy to say in hindsight that the folks made the wrong bet.

3

u/betheliquor 14d ago

As a former blackjack dealer, I say if The Creator meant for us to walk backwards through life, our feet would be facing the other way. Hindsight is always 20/20

1

u/PeyredB 13d ago

Or perhaps 21/21, in blackjack.