View Single Post
Old 05-27-2023, 03:43 PM   #32
SEATUX
Registered User
 
SEATUX's Avatar
 
Join Date: Apr 2005
Location: Port Charlotte Fl
Age: 76
Posts: 2,480
Re: Why was the Gulf of Mexicos grouper fishery allowed to collapse?

Quote:
Originally Posted by fishkilla View Post
When I had invested my life savings into the IFQ fishery I thought the same way you did. "Things will get better, we just need more data, look at the red snapper fishery, if grouper go that way I'll be sitting on a gold mine!"

What happens when a small time fisherman goes into debt or invests all of his savings into a fishery that gets drastically cut?
Just curious, how much was that life savings you speak of, when you were 20 years old?
SEATUX is offline   Reply With Quote