US farm bankruptcies more than double in the last year.
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US farm bankruptcies more than double in the last year.
The Most Revolutionary Act 
When I lived in Minnesota before moving to Baltimore, I lived in farm country and believe me, those farms were something to see. I would be hard pressed to believe that those farms are bankrupt. They were just huge and beautiful; absolutely breathtaking. I’ve taken and posted pictures near where I lived that were just incredibly beautiful. Those people in Minnesota in that area are rich beyond your wildest dreams. I wouldn’t worry about them. I can’t speak for those in Montana or Nebraska but those in North and South Dakota should still be doing fine as well.
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I’m sure you’re right. I think what’s really happening is increased consolidation of farmland by corporations and wealthy individuals. Due to their mistreatment by banks, small family farms have been steadily going bankrupt since the early 80s – most of the land goes into housing development but a fair amount is taken over by wealthy landowners.
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That was the situation in Minnesota and the Dakotas; those farms were indeed owned by wealthy landowners. There were no ‘little farmers’ in those areas. And so I see your point.
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