4 ms·
I don't doubt that funds are available. The idea that a perishable commodity can be harvested in days by applying these funds is absolutely bonkers. I'll turn
by e40 1y ago
I don't doubt that funds are available. The idea that a perishable commodity can be harvested in days by applying these funds is absolutely bonkers.
I'll turn it around: how long do you think the time to get those crops harvested is? People didn't show up for work, the clock is ticking.
I was responding to someone that seemed to imply that resources were on STANDBY to swoop in and harvest the crops. That is completely untrue and just dumb.
- sebastiennight 1y agoAh. I think there might be a misunderstanding. I read GP's comment as saying that large investors will be happy to buy "distressed assets", eg. the bankrupt farm itself, after its ruined crops caused bankrupcy. They don't care about the crop ; the same way that a speculator might have bought LA real estate for a symbolic dollar after the house itself had burnt down. They don't care about the family house, they care about buying the underlying asset (the land) for cheaper than its real value.
- e40 1y agoAh, yes, I think you're right. I didn't read it the same way as you (and others!) and I think my interpretation is wrong.