Been researching the possibility of a recession worse than the one in 2008, due to the virus and global economies shutting down. Hope I'm not opening a can of worms here, but I'd like to hear the thoughts of trappers on this. Been reading a lot of articles online that are purely speculation but a lot of them seem to think there will be a recession. And what I'm reading makes sense. A recession seems inevitable... but for how long and how bad?

I think it would be short, since this time the medical field and its suppliers are making money last time I check 3M was doing very well, also people are waiting for the bottom to reinvest, what bothers me the most is this oil feud thats the wild card in this, if it doesn’t rebound it may not be pretty in the ag sector.

Curios, Why. Low fuel cost would be a boon to me.

It will bounce back fast , once people start to realize this fake crisis is all BS

I believe we are on the verge of a worldwide depression comparable to 1929. It took a world war to pull us out of that one and unfortunately a world war now would probably involve nuclear weapons. I hope I am wrong but it doesn't look good.

You have low fuel, nitrogen (if Koch wants), but the ethanol plants cant make money so they shut down one less place to sell, and then you lose the distillers grain which is used in most feed, and is a lot more efficient than feeding more shell corn and soybean meal.

I know in my hometown the ethanol plant is planning to shut down for two weeks due to the oil issues going on and foreseeable lack of gasoline sales. People are staying in, not driving places. The local ethanol plant is a huge factor to ag success in our area. Many, many, bushels of corn are consumed at this plant.

Look a national debt and private sector debit. We may have run out of air to keep the bubble inflated....

Based on what is happening in China, the Coronavirus should "Burn itself out" in June. That is the good news. The bad news is that the damage will have already been done. With record high unemployment there will be many foreclosures and bankruptcies. Plus many consumers will get behind on their credit and that will only make things worse.

Social income would prevent something like this to be so devastating. Tax the Wall Street tycoons who benefit from things like this and allow for social income. Even if it’s not permanent. Social income for the next few months would help us all.

Move to canada or another country if you want free crap !!


Are you a bernie lover ?

I think he showed his hand on the gun thread were he told someone he'd gladly give up his guns to see them lose theirs. Now he's backing socialism.....

Crazy !

Trump's turning socialist,lol,

He's just playing along .......for now

takes all kinds to make a world i guess but why pretend your a trapper?

Yes many will do pent up stock buying, travel etc. etc. My wife and I are using our stay at home time to really review our spending habits. With our two major trips cancelled for the year and not much else going on I can see where we may just choose to spend 10K less per year. One can get really used to not doing many things we just did because we had more time and discretionary money. I think many of the elder families that are the targeted group with this virus will just decide lie we are doing to live more economically and not feel like we are sacrificing anything. Also retired persons don't have employment options to rebuild wealth and financial security. Their retirement savings are important for their standard of living and for many minor to major adjustments will need to be made.

Bryce

I do agree with some of Bernie’s thoughts. I’m not for all socialism but we do need to find out how to fix the wealth gap and a way for everyone to have medical assistance. And I’m not against guns, but we do need to figure something out to stop guns getting in the wrong hands.

Good, let's get this show on the road, I'm tired of waiting. Lol

It’s about time. He’s starting to see the logic in it. Now that he can see the benefits of some social programs, maybe he can Make America Great Again.