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Managing For Profit
80 Years
Net worth   U.S. Households


   1%         $6,816,200


   5%         $1,863,800


  10%          $952,200


  20%          $415,700
Income   U.S. Households


 1%         $521,411


 5%         $208,810


 10%        $148,688


 20%        $107,628
It is simple.

Too much has been borrowed,
              

Too much has been promised,
              

 Too much has been spent.
Survival
Government Support
     Received
Future of Government
     Involvement
Public Misconception
Super Zip Codes

  Coming Apart 
by Charles Murray
What goes away?
How this affects farming?
Both ends against
   the middle
Agriculture is Cyclical
Never so good it can't get better
Never so bad it can't get worse
Equity Draw Down
Who was really at risk?
Who else enjoys
  benefits that
 farmers have?
The Black Swan
By Nassim Taleb
De-leveraging
           


Endgame by John Mauldin
Effects on Agriculture
How I'm preparing
    my farm
Thank you
         Contact

• williamjgraff@gmail.com

• @billgraff

• FarmAndRanchCountry.com

• slideshare.net/BillGraff

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