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RE: Auto Lending Madness - Did Someone Say "Bubble?"
There are so many asset bubbles everywhere and they are so obvious it's truly disturbing. Unfortunately very few people understand this is happening. I think a salient point you make in this article is to be mentally prepared so you are not frozen when these bubbles start to implode.
The number and size of bubbles are frightening. I think it's arguably just as important to mentally prepare as it is to get ready financially. People tend to have something called a "normalcy bias." It's the thinking This thing has never happened, so it never will.
100% same page. I actually thought I was reading my own comment while reading yours lol ! It dovetails with exactly what I was thinking. It's up to those who understand what is happening to try and help interested and passionate parties of the same thinking :)