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06-26-2013 07:34 PM
When the Federal deficient was 6 trillion dollars, the gov't payed 380 billion in interest. Now, the Federal deficient is 16 trillion and we still pay 380 billion in interest.(because of artifically low interest rates) If the interest rates go back to where they were when we had a 6 trillion dolloar debt, the annual interest would be 1.1 trillion dollars or 30% of the budget. Did the Federal Reserve save us from disaster or pospone it and make a bigger disaster in the future?
06-26-2013 08:49 PM
What I said is going to have a big effect on marketing. My bold prediction is everything will be alright until after the 1st of the year and then things will go down hill. I spend 7 years in Iowa City. 40 years ago I was in the reserves with the Danes of Danes Dairy fame.
You might be interested to know that Iowa's 1st governor, John Lucas rode with the Iowa City Vigilante Committee while he was the governor. To him, law and order was not just a slogan.
06-27-2013 07:51 AM
Jim Meade had a good question, but your answer to it was even more baffling than your first post. You need to take something or get some rest. Right wing politics are affecting your logic and thinking.
06-27-2013 09:44 AM
doom gloom is a constant risk. now higher than on avg. but oveertime,
doomgloomers lose, somehow we maake it through.
its odds, no?
Marketing ralated? how about those with high equity in their operations, go and get a mortgage, borrow
35% of value, locking inat 3.5% for 15 yrs,, - articficial.
and in 3-4 yrs use the equity to expand and market MORE grain, oilseeds, earning 8-12% on capital.
06-27-2013 09:52 AM
Just about everything has been said about marketing that needs to be said. For those that haven't read it i will repeat one more time.
Buy low & sell high but not necessarily in that order! What more do you need to know?
06-27-2013 12:44 PM
Mathematics is not right wing., nor did I come up with what I said. It has been discussed on CNBC. I was sitting in a Commodity Trading office on the the day of the 87 stock market crash. The grains went down 2-3 days in a row around the bottom of crash. That is what we are about to get out of Fed policy. So what I said is related to marketing.
06-27-2013 02:13 PM
So the deficit, national debt and interest rates have nothing to do with marketing. If interest rates hav to go to 15% to get the Chinese to buy our debt because the national debt gets 140% of GDP that will have no effect on what end users can pay for a bushel of corn? And to be concerned about it makes someone steeped in "Rightwing politics"? Huh, you learn something everyday
06-27-2013 02:30 PM
When you go to the field in the spring you are already striving to buy low.You want to produce a low cost bushel and you want to sell higher than the cost of production.
Cargill Ray does the same thing. He buys at one figure and sells at higher figure or he improves the product to where it is worth more.
Now a spec may well sell a contract with the intent to buy it back at a lower price. So it usually works for everybody if they follow my golden rule. lol