US Politics

Daily Chart: Is there a Farmland Bubble? // (Steven Hayward)

I actually recall that back in the nineteen eighties, when all the certified ” experts” said that Japan would certainly overtake America as the world’ s largest economy by simply 2010, Japanese investors have been buying American farmland (also urban real estate such as Rockefeller Center and marquee attributes like the golf course at Pebbled Beach–later sold back from steep losses). Now, I listen I don’ t know what the actual stats may be, but prices usually are certainly spiking.

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