Got the Sunday video up early this time!
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Got the Sunday video up early this time!
If you've been seeing news about "oh no there's a spike in farm bankruptcy"- it is NOT as simple as "farms go out of business & then investors buy them all."
hoooooo boy
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Got the Sunday video up early this time!
If you've been seeing news about "oh no there's a spike in farm bankruptcy"- it is NOT as simple as "farms go out of business & then investors buy them all."
hoooooo boy
Farms have a very special kind of bankruptcy that's super debtor-friendly, and is designed to KEEP THEM IN BUSINESS without having to sell off much or any land.
And it used to only be for family farms that make most of their $$ from farming. But Trump expanded it so way more straight-up wealthy people, who own farms, qualify. ðŸ¤
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Farms have a very special kind of bankruptcy that's super debtor-friendly, and is designed to KEEP THEM IN BUSINESS without having to sell off much or any land.
And it used to only be for family farms that make most of their $$ from farming. But Trump expanded it so way more straight-up wealthy people, who own farms, qualify. ðŸ¤
The US is having a bankruptcy crisis for *everyone* right now.
Farm bankruptcy is up bc ALL bankruptcy is up. And way more people qualify for the super-special debtor-friendly farm kind now.
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