World credit crunch hits US heartland - 15 Oct 08

Stock markets around the globe may be stabilising somewhat but it's the credit markets that will determine how harsh and how deep a recession the world is in for.

The unwillingness of banks to lend money has hit hard in the US heartland - where farmers are finding it increasingly difficult to stay afloat.

Clayton Swisher reports on one farming family in Wooster Ohio.

Category:

News & Politics

Tags:

• Al
• Jazeera
• aljazeera
• US
• economy
• heartland
• farming

[mutedmajority]

He could personally shit on his fields and grow his potatoes. Brown ones white ones.

[BaasOnderBaas]

lol here in the netherlands farmers are very rich. The farms produce very much

[alykkt]

You truly are retarded. Price of fuel and a horrible economy effects farmers the worst. You spend 4$ more with your daily commute while a farmer can easily pay over $200 dollars more per day due to higher fuel prices, pending on the machinery he runs. That, and prices for these goods that farmers produce; whether it be livestock or produce stays the same on the market. Farmers are the least greedy and most honest people.

[oxyking]

I spotted Mexicans!!!!!!!!!!!!!

[javierenchina]

aren't US food crops subsidized anyway? maybe they should all finally get jobs as software engineers

[datwunkkboi]

Damn everything is going down hill, and it makes me wonder if 2012 is the finale when everything collaspe.

[Vapor115]

rofl. you are a spoiled american idiot. I'm american too- but you have no idea how hard farmers have to work. You have no idea what it means to feel sweat roll off of your back from manual labor. eat it. Farmers work harder than you ever will and make less than you could.

[seditionape]

Cant trust farmers. Greedy liars. They will use any excuse to try and get subsidies. You will never hear a farmer except to hear him whine about how bad he's got it. Yet the dude in the interview has been at it since the great depression and he still needs credit from the bank? (Never payed off a thing?) Bullshit. A combine will last for decades and his land was probably given to him. And yet its always bad or getting worse. All farmers are bullshitters!

[Ilistraee]

I wonder if there will be more subsidies now to those farmers who then can continue to dump their products into foreign markets for their profits.

[novan3]

Also makes music sound better.