Home Forums News & Current Events The Next Shoe In The Farm Crisis Drops: Bankruptcies Soar 24% Reply To: The Next Shoe In The Farm Crisis Drops: Bankruptcies Soar 24%

#24115

Whirlibird
Participant

Long before the trade war, many farms/farmers were existing on farm loans to get from one harvest to the next. The trade war is a convenient excuse.

No crops or livestock this year and the bank is taking it in the shorts, unlikely to foot the bill again next year. Now you can’t pay the bills and don’t have enough to replant or replace, what do you do?

 

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