In terms of commodity grain and oilseed markets and global monetary issues, haven't some of our best run ups come on the heels of or during financial and capital meltdowns in the last decade?
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Ten (10) Questions for 2015
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Diversification is the key to keep farm, personal, and business safe. That includes crops, farmland, stocks and bonds, real estate other than farm.
Pay off debt and live within your means. All very simple to do if your discipline. I KNOW it's hard, but must be done to survive.
The factors listed above in the questions are out of our control.
The doom sayers have been preaching the shoe is going to fall off the other foot in Canadian housing market and stock markets for the pass five years. Those who believed them, have been missed out on the best run up in history. They're all just guessing when it's going to happen. So when it does, and if they are with in a couple of months of the occurance they can say I told you so.
Sure there will always be corrections, always have and always will be, but they only last so long. Look at 2008-09 came it has comeback.
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So forage in the nineties when the tequila crisis hit was it better them Mexicans to be right a few years early or a day late?the government lied right to the peoples faces up until the moment it happened.
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3. Is the eurozone at risk of break-up?
What I hear talk of from Europe is a scaling back of involvement with the central body. Countries like the UK looking to remain in the EU for the benefits of a common market (which is all it was intended to be originally) but opt out of the common currency and the political nonsense of a bureaucrat run "central" government that has more power than each individual country.
I think that is the logical way forward for Europe. It never made sense to tie the economies of Germany and Greece together through the Euro and pretend they were equal partners in the EU.
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Who Cares How Low Our Dollar Goes, The Dumb Fckin Farmer Dont Receive Any The Benefits Anyway!!!!!! Only The Fcking Part!!!!!! The RichieSonsa******* of The Industry Take all The Excitement Out of Our Dollar Tanking, Lining Their Pockets In The Process!!!!!!! Crooks!!!!!!!
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i don't have ten answers, however in farming, we all speculate, otherwise we'd never make a marketing decision. lookin' ahead, i'm figurin' the dollar will stay below par, farmland prices flat to slightly lower, feeder cattle to set new highs in the spring, canola to hit $11, and my neigbor to be just as cranky as last year.
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Japan is ****ed and has the petal to the metal pumping money,this is a form of default. Like when the us revalued gold from twenty to thirty five. The currency gets hammered.
The European banks are over levered like the us's where(still are),so my bet is they get recapped rather than blow up.
It ends up guessing what the policy makers will end up doing. The debt problem has to be dealt with. Inflate. Default. Inflate and default combination.
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