AgVisionTV Video: Dr David Kohl, Discusses Some Thoughts on Farm Management...What Do You Think of His Rules and Ideas?

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Permalink Reply by Bristow on June 7, 2010 at 5:21pm

Mmm yes I have seen his sort before, good advise for dummies. I have hear alot of economic professors. Like the one who told the farmers to invest in Swiz bonds, then the market crashed, or the one who told very farmer get big or get out, told every farmer to start buying land, then the interest rate hit the roof, and one who said, seek outside investment, from investment companies and found their land sold under them. And their advice recommended and supported by government, banks and finance instutions. Don't get me wrong he might be a good guy. As for credit cards I had to lived in a one room house, on credit card, my pay didn't cover my living expences eg car, morage, utilities and food. That was a government job too. I thought I could live the dream of owning my own house and did my homework, did count on 20% risers in living expences in five years. Its too easy to slip into debt of your own choosing by bad mistakes, but its easer to do with the help from government. A perfect example the priminster of Australia just before the recession telling people with a morage to go into a fix interest 4 year rate for agreement of 8%. Most morages $400,000. Two weeks later the variable is 2% currently 6%. You don't have to be an economist to work out how Australia survied the recession, not by the money it made by its exports to China which they sold for next to nothing, 15cents a ton of coal.

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