Bankruptcies were a major part of the 2008 meltdown. In the farming community, this is being exceeded now.
All while we are told that the economy is on such strong footing.
More than 50% of the farms are now losing money. The trade war with China is one of the reason for the fall off.
This week we also got more bad news out of Germany which revised their already bad numbers lower. To top it off, General Motors was laying off 5,000 workers as it cuts out about 15% of its workforce.
Click on image to read full story.
Thanks for sharing this detailed information we us, we have indeed learnt from this post and we @farms find it of great value to this community.
Resteem
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit