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RE: The hidden secret of how a bank account works

in #ungrip7 years ago

My dad shared with me stories of the Great Depression. He was born in 37, but felt the after affects for years afterwards. He said that the farmers did just fine. They could grow food and they were okay. Those that really suffered were the ones in the cities. They could not find jobs and went hungry.

That happened when the ratio between urban and rural was about 50:50. Now it is 98:2. Only 2 out of 100 people grow food and the vast majority of them are commercial / industrial farmers heavily in debt. Should we have another great depression, it won't be like the one in the 30's. It will make the 30's look like a tea party!

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That's an interesting perspective... The ratio's are really like that there? Wow... here in Portugal we still have a lot of tiny farmlands.

Consider yourself fortunate. Yes, the ratios are like that and any disruption in the infrastructure will be catastrophic. I am grateful that the corporate industrialization of farming has not swept the whole entire planet yet.