Can't make the payment? We'll see you in bankruptcy court.

And that's just where the nation's two largest milk producing companies are right now: in bankruptcy. Dean Foods, the distributor of the popular “Land O Lakes” Dairy Products and Borden's the 150 year old privately owned milk company are currently in bankruptcy.

And a quick check of their respective balance sheets will tell you why. Dean Foods, has 3 times more debt, than it has shareholder equity. And for Borden's the debt level is 5 times greater than their equity.

Now when times are good, and sales are rising, this much debt can be manageable (although I would never suggest it). But when times turn down, and sales falter: That's when the debt burden becomes overwhelming, and you end up like Dean Foods or Borden.

Or to paraphrase Warren Buffett: Its when the tide goes out, that you find out who doesn't have swim trunks.

Can't make the payment? We'll see you in bankruptcy court.

And that's just where the nation's two largest milk producing companies are right now: in bankruptcy. Dean Foods, the distributor of the popular “Land O Lakes” Dairy Products and Borden's the 150 year old privately owned milk company are currently in bankruptcy.

And a quick check of their respective balance sheets will tell you why. Dean Foods, has 3 times more debt, than it has shareholder equity. And for Borden's the debt level is 5 times greater than their equity.

Now when times are good, and sales are rising, this much debt can be manageable (although I would never suggest it). But when times turn down, and sales falter: That's when the debt burden becomes overwhelming, and you end up like Dean Foods or Borden.

Or to paraphrase Warren Buffett: Its when the tide goes out, that you find out who doesn't have swim trunks.

Can't make the payment? We'll see you in bankruptcy court.

And that's just where the nation's two largest milk producing companies are right now: in bankruptcy. Dean Foods, the distributor of the popular “Land O Lakes” Dairy Products and Borden's the 150 year old privately owned milk company are currently in bankruptcy.

And a quick check of their respective balance sheets will tell you why. Dean Foods, has 3 times more debt, than it has shareholder equity. And for Borden's the debt level is 5 times greater than their equity.

Now when times are good, and sales are rising, this much debt can be manageable (although I would never suggest it). But when times turn down, and sales falter: That's when the debt burden becomes overwhelming, and you end up like Dean Foods or Borden.

Or to paraphrase Warren Buffett: Its when the tide goes out, that you find out who doesn't have swim trunks.

Can't make the payment? We'll see you in bankruptcy court.

And that's just where the nation's two largest milk producing companies are right now: in bankruptcy. Dean Foods, the distributor of the popular “Land O Lakes” Dairy Products and Borden's the 150 year old privately owned milk company are currently in bankruptcy.

And a quick check of their respective balance sheets will tell you why. Dean Foods, has 3 times more debt, than it has shareholder equity. And for Borden's the debt level is 5 times greater than their equity.

Now when times are good, and sales are rising, this much debt can be manageable (although I would never suggest it). But when times turn down, and sales falter: That's when the debt burden becomes overwhelming, and you end up like Dean Foods or Borden.

Or to paraphrase Warren Buffett: Its when the tide goes out, that you find out who doesn't have swim trunks.

Can't make the payment? We'll see you in bankruptcy court.

And that's just where the nation's two largest milk producing companies are right now: in bankruptcy. Dean Foods, the distributor of the popular “Land O Lakes” Dairy Products and Borden's the 150 year old privately owned milk company are currently in bankruptcy.

And a quick check of their respective balance sheets will tell you why. Dean Foods, has 3 times more debt, than it has shareholder equity. And for Borden's the debt level is 5 times greater than their equity.

Now when times are good, and sales are rising, this much debt can be manageable (although I would never suggest it). But when times turn down, and sales falter: That's when the debt burden becomes overwhelming, and you end up like Dean Foods or Borden.

Or to paraphrase Warren Buffett: Its when the tide goes out, that you find out who doesn't have swim trunks.

Can't make the payment? We'll see you in bankruptcy court.

And that's just where the nation's two largest milk producing companies are right now: in bankruptcy. Dean Foods, the distributor of the popular “Land O Lakes” Dairy Products and Borden's the 150 year old privately owned milk company are currently in bankruptcy.

And a quick check of their respective balance sheets will tell you why. Dean Foods, has 3 times more debt, than it has shareholder equity. And for Borden's the debt level is 5 times greater than their equity.

Now when times are good, and sales are rising, this much debt can be manageable (although I would never suggest it). But when times turn down, and sales falter: That's when the debt burden becomes overwhelming, and you end up like Dean Foods or Borden.

Or to paraphrase Warren Buffett: Its when the tide goes out, that you find out who doesn't have swim trunks.

Can't make the payment? We'll see you in bankruptcy court.

And that's just where the nation's two largest milk producing companies are right now: in bankruptcy. Dean Foods, the distributor of the popular “Land O Lakes” Dairy Products and Borden's the 150 year old privately owned milk company are currently in bankruptcy.

And a quick check of their respective balance sheets will tell you why. Dean Foods, has 3 times more debt, than it has shareholder equity. And for Borden's the debt level is 5 times greater than their equity.

Now when times are good, and sales are rising, this much debt can be manageable (although I would never suggest it). But when times turn down, and sales falter: That's when the debt burden becomes overwhelming, and you end up like Dean Foods or Borden.

Or to paraphrase Warren Buffett: Its when the tide goes out, that you find out who doesn't have swim trunks.

Can't make the payment? We'll see you in bankruptcy court.

And that's just where the nation's two largest milk producing companies are right now: in bankruptcy. Dean Foods, the distributor of the popular “Land O Lakes” Dairy Products and Borden's the 150 year old privately owned milk company are currently in bankruptcy.

And a quick check of their respective balance sheets will tell you why. Dean Foods, has 3 times more debt, than it has shareholder equity. And for Borden's the debt level is 5 times greater than their equity.

Now when times are good, and sales are rising, this much debt can be manageable (although I would never suggest it). But when times turn down, and sales falter: That's when the debt burden becomes overwhelming, and you end up like Dean Foods or Borden.

Or to paraphrase Warren Buffett: Its when the tide goes out, that you find out who doesn't have swim trunks.

Can't make the payment? We'll see you in bankruptcy court.

And that's just where the nation's two largest milk producing companies are right now: in bankruptcy. Dean Foods, the distributor of the popular “Land O Lakes” Dairy Products and Borden's the 150 year old privately owned milk company are currently in bankruptcy.

And a quick check of their respective balance sheets will tell you why. Dean Foods, has 3 times more debt, than it has shareholder equity. And for Borden's the debt level is 5 times greater than their equity.

Now when times are good, and sales are rising, this much debt can be manageable (although I would never suggest it). But when times turn down, and sales falter: That's when the debt burden becomes overwhelming, and you end up like Dean Foods or Borden.

Or to paraphrase Warren Buffett: Its when the tide goes out, that you find out who doesn't have swim trunks.

And that's the objective of the terrorists, to place in our minds the uncertainty and fear that comes from not really knowing what lies ahead.

Right now, we are in another period of uncertainty. Iran has promised to retaliate for Soleimani's death. But just how or when is unknown.

For investors this uncertainty can be especially difficult. It is hard to put into action an investment plan with so many unknowns.