If this bubble is as bubbly as it looks, well then it’ll pop and result in a depression for US farmers. Even if they inflate the US dollar to the seventh circle of hell, eventually they will have to stop. At that point, US farming will likely go through a bust of epic proportions. It is ridiculous how low interest rates makes EVERYONE a speculator, and removes all safe alternatives. Unless you will settle for negative interest rates, of course.
Personally, I am currently in a position where I cannot buy a house because the residential property bubble in Sweden hasn’t deflated yet. If anything, it seems it has decided to re-ignite temporarily. What this means is that if I am to buy a house, I will have to budget for it losing 30-35% of its value the coming few years. And I just can’t see how its worth it. Unfortunately, rental properties are hard if not impossible to come buy.
…..and people are wondering why “the economy doesnt seem to work anymore”. Pah – you aint seen nothing yet. If you think this is bad, just wait until we have the next crisis.