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RE: Auto Lending Madness - Did Someone Say "Bubble?"

in #economics8 years ago

Good post - the student loan bubble may be just as bad as the auto bubble. But yes, the creative financing and rolling debt into the next house...er, I mean car is a game that will not end well as we've seen elsewhere.

At some point the piper must be paid or take a huge loss....so how long will the can get kicked down the road is the 10,000 question.

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