squatz1
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Flying Hellfish is a Commie
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June 11, 2017, 11:45:07 PM |
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I was actually learning about the auto loan bubble in one of the investment courses which I take and it went over how this bubble isn't even going to be as horribly close to the one that was seen in 2008 in regard to the mortgage market. There are a few pretty evident things when you compare the two, as a car is going to be something that's going to be easy to liquidate and sell off to someone else compared to a house-- which is going to take months of inspections, paperwork, and so on to be able to even start the process on selling it.
So, that's something that's going to make this bubble a little easier to be able to get over-- Plus I think something like this MUST happen for anything to be able to really happen when it comes to regulation and such, because without people really getting hurt in their wallet they're not going to be ones to change that quickly.
So, not a bad thing necessarily.
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