I agree that people are scared. The financial experts are agreeing the economy will only continue to get worse well into 2009, and not get any better until possibly 2010. Thats a long time. Better save what you can, and don't buy what you don't need. If you got a job, then you'd better hang onto it if you can, because getting another one might be next to impossible. On the other hand, taking my advice will only continue to worsen our consumer driven economy.
The stuff on Tractorhouse? I got a feeling the newer big equipment is still selling, as ag prices are still decent, but probably the hobby farm equipment is sitting. The disposable income is gone. I think people are hanging onto things if they can, because in order to sell something in this economy, they would have to sell it really cheap to generate any interest.
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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