Holy Smokes

[bucket]

Not to be a downer cotton but does this mean everything I own is worthless? And everything the bank has an interest in is overvalued to the point that I am worthless?

What are the best strategies for times like this - having boatloads of cash or tremendous debt?

[TOM4CWB]

Bucket;

Productive asset management is what keeps us alive economically. Human resources execute the plan.

The combination of effective; risk management... asset utilisation... and a capital debt ratio that does not exceed gross income ... keeps most farms economically sound.

IE: If you gross $1M... better not have more than $1M in debt to be safe.