I've lived through much worse economic times than these. I remember 18 percent, or more, interest on about any loan. You could only buy a house on a contract for deed. Could not sell a house either, no one could get a loan to buy it! No one would lend mortgage money at all. Home values dropped by half in a few years. Land values dropped by two thirds. Gas prices at least tripled. I remember gas station lines that were blocks long. Gas purchases being limited to 10 gallons, if you made it to the pumps before they ran out. Bread and milk tripling in cost in 18 months or so. Rampant inflation all around. Layoffs by the hundreds of thousands. Long lists of personal bankruptcies in every days newspaper. This economy is GREAT compared to those days!
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Today's Featured Article - A Lifetime of David Brown Tractors - by Samuel Kennedy. I was born in 1950 and reared on my family�s 100 acre farm. It was a fairly typical Northern Ireland farm where the main enterprise was dairying but some pigs, poultry and sheep were also kept. Potatoes were grown for sale and oats were grown to be used for cattle and horse feeding. Up to about 1958 the dairy cows were fed hay with some turnips and after that grass silage was the main winter feed. That same year was the last in which flax was grown on the farm. Flax provided the fibre which w
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