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The Water Cooler
General Discussion
People are delinquent on almost everything they owe money on
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<blockquote data-quote="Chaparral" data-source="post: 4258821" data-attributes="member: 49817"><p>We are running out of props. This is why the bidet is raiding capital gains and inheritances. This is why there are reviews of rules which will tax all unrealized 401k “gains” in investments. </p><p></p><p>Once props/external supports are no longer available or adequate then the house of cards will fall. This will be worse than the housing bubble which would once again be popped. </p><p></p><p>Part of what I do is money management, the ability to purchase has been significantly eroded. In my farm we have seen our input costs rise quickly to heights our sales over the past year do NOT support. A replacement steer costs more to buy right now than I sold for in November and earlier. Believe me, people were not happy about paying my asking prices then, today they would be CHEAP.</p></blockquote><p></p>
[QUOTE="Chaparral, post: 4258821, member: 49817"] We are running out of props. This is why the bidet is raiding capital gains and inheritances. This is why there are reviews of rules which will tax all unrealized 401k “gains” in investments. Once props/external supports are no longer available or adequate then the house of cards will fall. This will be worse than the housing bubble which would once again be popped. Part of what I do is money management, the ability to purchase has been significantly eroded. In my farm we have seen our input costs rise quickly to heights our sales over the past year do NOT support. A replacement steer costs more to buy right now than I sold for in November and earlier. Believe me, people were not happy about paying my asking prices then, today they would be CHEAP. [/QUOTE]
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People are delinquent on almost everything they owe money on
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