"Just once" these are once in a lifetime things for the most part. They did not do it for the Banks/GM. They did it because history tells us it takes decades of recovery. They did it partly for you and me and our kids. That's what they mean by to big to fail. It hurts everyone more than the punishment to them to let them fail.
JD Seller's twenty word paragraphs are mostly factual but each require 10,000 words of on the one hand and on the other hand.
I think a mild recession/pullback every 3 or 4 years instead of 10 or 12 will wash out most of the bad behavior. By Consumers, farmers, bankers, politicians, business, blah blah. The fed trying to stop the recessions might be the root of the problem.
It was a PERFECT STORM.
National dept leaves us no buffer for another disaster be man made or natural.
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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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