Posts Tagged ‘Troubled Ranchers’

Banks are Denying Loans to Many of These Ranchers and Farmers, Meanwhile, money is flowing like wine on Wall Street thanks to the Federal Reserve…. Banks are running out of time to regain public trust What do you do when you have lost all hope that things will ever turn around? It may still feel like “the economy is booming” for those at the top end of the economic food chain in big coastal cities such as New York and San Francisco, but for millions of hard-working Americans in the middle of the country, talk of a “coming recession” is absolutely ludicrous because it already feels like a severe economic depression is happening right now. In America’s heartland, bankruptcies are surging, debt burdens are becoming overwhelming, and suicide rates are spiking to unprecedented levels. We have not seen economic despair this extreme since the…