5 years since the banking collapse in the fall of 2008. And still hurting.
It was like a horrible economic car crash with lots of broken bones and internal injuries. It will take a long time to recover.
Farmers have actually had a good period compared to lots of other industries. High grain and beef prices have been good for parts of rural America. But farmers represent 2% or less of the population. Lots of us collectors are retired farmers or hobby farmers that have not benefitted much from the current high Ag prices. Retirees are feeling the pinch of low interest rates on our savings as they try incentives to restart the economy.
We are paying a big price for our economic carelessness in the early 00"s.
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Today's Featured Article - Restoration Story: 1964 JD 2010 Dsl - Part 2 - by Jim Nielsen. Despite having to disassemble the majority of my John Deere 2010's diesel engine, I was still hopeful I could leave the engine-complete with crankshaft and camshaft-in the tractor. This would make the whole engine rebuild job much easier-and much less expensive! I soon found however, that the #4 conrod bearing had disintegrated, taking with it chunks of the crankshaft journal. As a resul
... [Read Article]
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1965 International Harvester McCormick Farmall cub tractor 2,500. Two owner tractor. My grandfather bought new in 1966, then we inherited it. Have all the paperwork original manual and all maintenance records. It starts and moves. Comes with underbelly mower, plough, and some other attachments.
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