- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Who are the "Hidden Millionaires" in small towns
Posted on 1/7/17 at 4:24 pm to EA6B
Posted on 1/7/17 at 4:24 pm to EA6B
quote:
The leaders in debt were the local farmers, but this was the era of increasing property value and farmers were borrowing against their land value, investing the money and trying to pocket the spread, most lost their shirt.
sounds to me like the farmers were borrowing against their land for the next season's operating funds....pretty typical in that business.
Popular
Back to top
Follow TigerDroppings for LSU Football News