Dairies fail in good times and bad, but a dairy that used to be on very good financial footing is now in chapter 11 bankruptcy. This could have repercussions for the entire county I live in. But at least milk is cheap right now. Our economy seems to be falling like a house of cards.
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If ye love wealth better than liberty, the tranquility of servitude than the animated contest of freedom, go from us in peace. May your chains sit lightly upon you, and may posterity forget that you were our countrymen! - Samuel Adams
We just got our first taste of the floundering economy when the tennants renting the heavily mortgaged condo of one of our sons announced, from a position of 2 months behind in rent, that she is broke.
The bank that funded the failing dairy is now having legal problems for making risky loans.
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If ye love wealth better than liberty, the tranquility of servitude than the animated contest of freedom, go from us in peace. May your chains sit lightly upon you, and may posterity forget that you were our countrymen! - Samuel Adams