My grandfather said best ground in the world was Ukraine he left 6 to 10 ft of black for 6 to 10 inches of black in canada.
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Hard to believe our dirt ( 6-10 inches of sand ) brings $2600/acre . Neighbors this week did that. I can't imagine plowing a foot deep and not dragging up white crap let along having 8 ft of topsoil.
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War in the Black Sea region is going to have a huge impact on shipping of oil and grains. If insurance companies have not already cancelled insurance for ships handling goods coming out of that region, it probably won't be long before they do.
The climb in crude oil prices will be enough to shatter the economy all on its own. The marginal borrower cannot afford it.
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Originally posted by Austrian Economics View PostWar in the Black Sea region is going to have a huge impact on shipping of oil and grains. If insurance companies have not already cancelled insurance for ships handling goods coming out of that region, it probably won't be long before they do.
The climb in crude oil prices will be enough to shatter the economy all on its own. The marginal borrower cannot afford it.
Drought Too in Midwest US…
Wild… new territory for volatility…
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