Perhaps Mr Naylor is having a pop at the baby-boomer generation rather than ours.
Don't forget that that generation has only ever known the largesse of the CAP, and probably had parents whose only ambition in life was to make sure their son had an easier life than they themselves had during The Depression.
It has been very difficult to go bankrupt unless one actually went very far off the rails on the women or the horses.
We are talking about a generation who were able to privately educate all their children off the back of 2/300 acres farmed, asset stripped the farm by selling off farmyards outlying barns, converted buildings that were put up on FHDS grants into industrial use, and then let out the farm on tenuous contract farming agreements to the local Big-balls in order to keep farmer status in retirement.
I doubt any subsequent generation will ever have such a life of Old Riley and such a couldn't care less attitude about well qualified kids leaving college/uni who crave a starter farm and find it to be a closed shop.
All thoroughly tongue in cheek of course, no reference implied to any particular persons, living or dead; for the purpose of discussion.
And yes I am aware that interest rates were 18% for a bit, when I was at school in the 70/80s.
Don't forget that that generation has only ever known the largesse of the CAP, and probably had parents whose only ambition in life was to make sure their son had an easier life than they themselves had during The Depression.
It has been very difficult to go bankrupt unless one actually went very far off the rails on the women or the horses.
We are talking about a generation who were able to privately educate all their children off the back of 2/300 acres farmed, asset stripped the farm by selling off farmyards outlying barns, converted buildings that were put up on FHDS grants into industrial use, and then let out the farm on tenuous contract farming agreements to the local Big-balls in order to keep farmer status in retirement.
I doubt any subsequent generation will ever have such a life of Old Riley and such a couldn't care less attitude about well qualified kids leaving college/uni who crave a starter farm and find it to be a closed shop.
All thoroughly tongue in cheek of course, no reference implied to any particular persons, living or dead; for the purpose of discussion.
And yes I am aware that interest rates were 18% for a bit, when I was at school in the 70/80s.
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