Economics Thread

Ballers and their children have no problems finding success in this country. Would be nice if the whiners stopped whining long enough to get off the wagon and start pulling their weights.
 
sturg33 said:
https://twitter.com/x/status/1997120917638730058
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Interesting that this also happens in a year in which net immigration comes to a screeching halt. Calls into the question the entire argument that immigration is making it difficult for old stock Americans to find and keep their jobs. The fact of the matter is immigrants through their hard work and entrepreneurial chops help create jobs for ALL Americans.
 
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nsacpi said:
Interesting that this also happens in a year in which net immigration comes to a screeching halt. Calls into the question the entire argument that immigration is making it difficult for old stock Americans to find and keep their jobs. The fact of the matter is immigrants through their hard work and entrepreneurial chops help create jobs for ALL Americans.
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Its good for jobs, rapes, and murders
 
sturg33 said:
Its good for jobs, rapes, and murders
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plenty of old stock Americans of all races and ethnicities are rapists and murderers

to the extent it has been possible to infer immigrant crime rates, it appears that as a group they have lower violent crime rates than white Americans
 
1970s were the worst decade for real stock appreciation (-40%!)...boomers got rich off the massive gains in equity prices in the 1990s (180%!!!) and 2010s (100%!!). And the current decade ain't looking too bad so far.
 
Boomers got rich before the federal government annihilated the currency

Now they sit in their million dollar homes demanding young people who cant find j9bs to fund their retirement and healthcare
 
sturg33 said:
Boomers got rich before the federal government annihilated the currency

Now they sit in their million dollar homes demanding young people who cant find j9bs to fund their retirement and healthcare
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The two decades when they experienced their largest increases in real net worth were the 1990s and 2010s.
 
Cotton farmers lost considerable money this year, the gins too. They flooded the peanut market so much people can’t sell them bc the banks would only lend on it. It’s a dire dire situation for farmers.

I’m not sure what the answer is, but people were letting land sit this year instead of farming it because then numbers weren’t adding up
 
arm bankruptcies surged in 2025
, with filings in the first three months of the year exceeding the total for all of 2024. This indicates a return to the high financial pressures experienced by the agricultural sector in 2018-2019.

Key Statistics for 2025
  • Total Filings: In the first half of 2025, there were 361 Chapter 12 bankruptcy cases filed nationwide, a 13% increase over the same period the previous year. Some reports specify 259 filings occurred between April 2024 and March 2025, which was more than in any full calendar year since 2021.
  • Rate of Increase: Filings in the first quarter of 2025 (88 cases) nearly doubled those from the same period in 2024 (45 cases).
  • Regional Impact: The agricultural distress is particularly pronounced in the Midwest and Grain Belt states. Iowa leads the nation in bankruptcies, while Arkansas, in the southern region, has also seen a notable increase in filings.

Primary Causes of Financial Stress
Farmers are grappling with a "perfect storm" of economic challenges:
  • High Input Costs: Expenses for essential supplies like seed, fertilizer, fuel, and equipment remain high, eroding profit margins.
  • Low Commodity Prices: Prices for major crops like corn and soybeans have fallen significantly since 2022, leading to projected net cash income losses of around $44 billion across key crops for the 2025-2026 period.
  • Trade Issues & Tariffs: Trade wars and tariffs have resulted in the loss of key export markets, as countries like China shifted their soybean purchases to other nations like Brazil and Argentina.
  • High Interest Rates: Elevated interest rates add financial pressure, especially for younger farmers who tend to have higher debt loads and less equity.
  • Policy Uncertainty: An overdue Farm Bill and frozen USDA funding have created uncertainty and removed some safety nets, exacerbating the financial strain.
In response to the crisis, a $12 billion to $14 billion federal aid package was under consideration in late 2025, intended to provide relief to farmers. The recently passed American Relief Act, 2025, which updates farmer safety nets, is not expected to provide immediate relief as most provisions do not take effect until late 2026.
For more information and resources on managing financial distress, farmers can consult the National Agricultural Law Center or their local Cooperative Extension Service agent.
 
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