Is Black Friday on its way again!

[SASKFARMER3]

The USA and Europe and China are all playing a high stakes poker game and guess what most of us are going to loose.
The USA and Europe are basically Bankrupt.
Spend spend spend and prop up everything your a winner attitude only work few days and have no hard assets just paper, one gets to a point where paper is paper and it all fails.
To me it seems we are heading down a slippery slope and guess what the brakes are about to fail, but this time their is no brake loss side ramp.
Grain prices are nice now but watch as they start to drop and drop and drop.
Fert can be high and chem can be high and all preaching of AG is the new world economy but if people cant pay for food, food will be down graded so that people don't starve.
I like the good times were having now but am getting very scared as to what will happen this fall and winter.
The USA is in real trouble, Europe is in the same boat.
Cotton what do you think, my portfolio dropped from a gain of 21% to 11% and dropping fast.
Chinese are in Cupar (north) area buying farm land and also in Lemberg area.
Is a Crash on its Way!!!!

[bucket]

If there is a crash coming and the chinese are paying up for farmland, wouldn't that indicate that farming is safe?

Or am I looking at it wrong.

[cottonpicken]

Buckle up.

[agstar77]

Re -balancing of world debt. Chinese in drivers seat with U.S. and Euro I.O.U.s. Everything in N.A. for sale. Get ready for a lower living standard.

[boarderbloke]

The standard of living for most people in Europe and N A has been an illusion, it's been faux, a dream.

[samhill]

I would never attempt to spoil a commodities
trader's fun, as winter is coming and the bears need
to fatten up. But......., if your gonna tell a lie, tell a
big one.
To wit- world over production of wheat, THE most
valuable commodity on planet earth.
4 (who really knows) million starving in Somalia.
4 million lbs of HRS would feed them for how long?
I guess at least 40 days. That is 66,666 bushels
at$9 per is $600K. WorldVision.ca raises
$349million/yr. and about $300 million goes to the
needy. So why are people starving? HRS crop is
small but the result is high protein, of no apparent
value this year, unless you live in Somalia.
Russia, Ukraine selling wheat cheap b/c of big crop.
I guess the mafia has noticed if they sell all their
wheat cheap, they can replace it from N. America at
a lower price. Record high temps and dry in
Moscow this year, but not where crops are grown.
Argentina wheat suffering from hot dry.
Oh well, don't believe anything you read.

[riders2010]

How many of you think we should be allowing the Chineese or any other country own our land?

[farmaholic]

Isn't there foreign ownership rules? If there are I don't know what they are and how they get around them.

[farmaholic]

Isn't there foreign ownership rules? If there are I don't know what they are and how they get around them.

[Braveheart]

I've never favoured foreign ownership. Germans, Italians, Chinese, etc need not apply. If it was a level playing field I might feel different. Big EU subsidies and/or stolen and looted Nazi treasure is hard for young farmers to compete against.

[mustardman]

Hate to Stir the Pot but the first nations hated foreign ownership too.

[dave4441]

What percentage of US debt is owned by the China????? ANyone got a guess?

Dave