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One dimensional thinking.

One friend, his grandfather was furious at the Raisin Bargaining Association because they took a smaller price for the crops. What he didn't understand was, at the higher price, the less crop could be purchased and he and others who have leave everything that was left to rot. The lower price guaranteed more of it being bought. But I didn't bother reasoning with him, I knew he could not understand it.

One relative grew cotton, but he lost his farm during the Reagan years. Banks made it easy for farmers to borrow money....and so he bought some luxuries thinking he could pay it back. Then the market collapsed.

My wife's uncle had a neighbor who grew a crop of strawberries, cannery refused the entire crop (turns out a lot of others were growing the same). Told him to take as much as he wants as he was certain to go into bankruptcy. That same time, my wife's uncle knew someone at the cannery and told him that he may want to get out of farming and retire. They were just getting too much of everything. He took his advice.