Posted by NY 986 on January 07, 2015 at 13:41:02 from (174.236.33.134):
In Reply to: Re: Buying Land posted by paul on January 07, 2015 at 13:30:21:
I think land prices will soften over time. There will not be the collapse like the 1980's. The Western governments will have to get serious about their deficits and that will soak up a lot of the discretionary money out there. The neighbor used to think that would be solved by taxing the daylights out of the people in the trailer parks and welfare apartments but those people while having money for booze and cigarettes are not going to put a dent in the federal debt. Also, more areas of the world are on line to produce bulk commodities such as corn and wheat versus what there were in the 1980's. A few good crops in a row over most of the world means a prolonged slump in commodity prices. I think the government will be writing checks off its newest farm bill sooner than it thinks.
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let’s make one more addition to our series on hydraulics. I’ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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