Clay SEIA - 12/23/2024 23:10
FarmingMo - 12/23/2024 19:50 How so? We all ain't pushing 70 with a bunch of payed for land and machinery coup. Some of us need the bank still
He's an arrogant SOB. You've clearly done everything wrong.
He's never had his financials murdered by somebody owing him a ton and filing BK.
(if nothing like that has happened to you, VeraSun, anybody?
) He doesn't seem to have a clue what it's like to have even a family member have a divorce, drug problem, whatever, impact the operation, - bless his wife.
(Bless mine too, she is awesome- but I know of a lot of huge haircuts in divorce settlements....
) He doesn't have 20-30 years of payments on land that was once paid for to buy out 2-3 off-farm heirs like some people do because the "estate plan"
(if such a thought even existed
) sucked dog balls.
If you aren't buying all of your inputs at Bangkok whorehouse prices, and selling your bushels at St. Louis river terminal premium prices, you are an idiot.
I don't paint with such a broad brush, because I know there are a TON of different situations and struggles in the real world that people are just trying to survive.
Balance sheet adjustment
