It’s not necessarily an anecdotal problem, and I’m not advocating a new bureaucracy or any significant amount of government spending. Since farmers are responsible people and 99% of them are going to repay their loans, the expense of this program would be minimal and the benefits could be substantial. Commercial banks could administer this program at minimal cost to government and then shut it down after two years when farmers have recovered financially. Keep in mind that some of these farmers are going to lose hundreds of thousands of dollars in this collapse. From what I’ve read, a lot of their money was lost in bad trades by MF Global and they’re not going to get it back.
the answer to every problem is govenment?
LORD SAVE ME FROM CONSERVATIVES.