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<p>[QUOTE="Stevearino, post: 5176883, member: 74571"]In my work as a tour guide in the USA, Canada and Scandinavia I've had the pleasurable duty of studying the history of lands, people, art, culture, industry, etc. </p><p><br /></p><p>A little tidbit from research a couple of years ago for bus tours of the Red River Valley of the North. In the late 1800s and early 1900s "Bonanza Farms" flourished in the Valley. While homesteaders often farmed their 160 acres, Bonanza Farms (corporate entities, often managed by East Coast agents) consisted of 8,000, 10,000 or even 12,000 acres. Enormous farms for that age.</p><p><br /></p><p>By the 1920s the Bonanza Farms had all but disappeared. The smaller farmers knew how to weather the ups and downs of hail, insects, market uncertainty, etc.</p><p><br /></p><p>Who would have ever guessed the "big guys" would fail? We need only see how the pandemic has accelerated some trends, literally dooming some businesses.</p><p><br /></p><p>I am not a professional gambler. But even as a penny-ante poker player I would never bet that the large TPGs are too big to fail. </p><p><br /></p><p>Steve[/QUOTE]</p><p><br /></p>
[QUOTE="Stevearino, post: 5176883, member: 74571"]In my work as a tour guide in the USA, Canada and Scandinavia I've had the pleasurable duty of studying the history of lands, people, art, culture, industry, etc. A little tidbit from research a couple of years ago for bus tours of the Red River Valley of the North. In the late 1800s and early 1900s "Bonanza Farms" flourished in the Valley. While homesteaders often farmed their 160 acres, Bonanza Farms (corporate entities, often managed by East Coast agents) consisted of 8,000, 10,000 or even 12,000 acres. Enormous farms for that age. By the 1920s the Bonanza Farms had all but disappeared. The smaller farmers knew how to weather the ups and downs of hail, insects, market uncertainty, etc. Who would have ever guessed the "big guys" would fail? We need only see how the pandemic has accelerated some trends, literally dooming some businesses. I am not a professional gambler. But even as a penny-ante poker player I would never bet that the large TPGs are too big to fail. Steve[/QUOTE]
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