Posted by LAA on June 14, 2016 at 20:08:13 from (88.201.0.144):
In Reply to: 'Iron 'question posted by DeltaRed on June 14, 2016 at 16:57:35:
The biggest variable is land ownership, if the land is paid for or at least paid way down or the rent is reasonable then in many years some farmers probably need the tax write off to avoid giving half of their profit to the various branches of government. Some are pushing for more acres and increased cash flow, to do that year in and year out you have to be able to move fast and cover the ground. Debt is not frowned on by business managers and bankers the way it once was as long as the business is cash flowing to pay the bills, look at how wall street punishes any old line, reliable company which maintains steady performance and cautious expansion against the high flyers buying out their rivals and attempting to expand 15-20% per year, everyone with an ounce of brains knows that nothing goes up forever but that seems to be the standard a lot of operators have to meet these days.
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