This NEXT Bubble Is Going To Hurt!

Discussion in 'Stock Market' started by DarkFury, Jul 3, 2018.

  1. DarkFury
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    william the wie AND Toddsterpatriot . Okay guys the NEXT bubble is auto loans and it will hit before the summer is over. MORE people are under water on their car loan than were home loans. A 5 year old Ford truck is simply not worth 50k on the market.

    Cars were ALSO sold at below prime number. Car loans were ALSO bundled and re-sold just like home loans. Ford is killing it's ENTIRE car line except Mustang/SUV/ Ford trucks. It seems according to studies truck buyers have a lower default rate.2018 is the LAST year for the Towncar, the sedan is DEAD.

    Jeep is switching to Fiat running gear, talk about going to shit. American cars are to OVER tech to OVER priced and to UNDER built. Dodge is gone okay? Dead for years. Ford is changing to save its ass. GM has been dropping models for years.

    By the end of THIS decade there will only be ONE American car builder. Its FORCED globalization via the market. Right Dale Smith

    Fury
     
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    Last edited: Jul 3, 2018
  2. DarkFury
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    Dale Smith Global control is not coming via war, global control is going to happen via the markets. That IS what these bubbles are, the silent coup. Shit Stain did not save GM, he merely picked the winner. It was fixed.
    You can buy the ORIGINAL GM shares on the net for about a dollar. When the ORIGINAL share is barely worth toilet paper what was SAVED? Nothing and it was NEVER intended to save anything!

    That makes the "bubbles" the lynch pin of the coup NOT the result OF. EVERY bubble re-centers the market and the "sides" are getting smaller and smaller.
     
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  3. william the wie
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    william the wie Gold Member

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    Way outside of my area of expertise. What I do know is that pipeline build out should cause a big price drop in oil within a year and somebody is likely to realize that a high speed rail built in prairie Trump country can get Trump reelected at relatively low cost and give the economy another big sugar high.
     
  4. iamwhatiseem
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    iamwhatiseem Gold Member

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    Not to worry.... your tax dollars will bail them out....again.
    By my last count General Motors subsidiaries have successfully filed bankruptcy 17 times.
    But hey - GM has never filed bankruptcy!!
     
  5. DarkFury
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    The price of oil will not stop the bubble. Its the sub prime loans they made. The market value of those units are fake. A stock NOT to have is going to be insurance. Easier to wreck a car on purpose than to burn down a house. and legal.
     
  6. Indeependent
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    Indeependent Platinum Member Gold Supporting Member Supporting Member

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    Where is the money coming from to finance these ridiculously low car loans?
     
  7. iamwhatiseem
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    iamwhatiseem Gold Member

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    The weird thing I have been seeing lately is ridiculously low lease offers for new trucks.
    Kinda hard to figure out how leasing a $38,000 truck for $199 a month for 2 years, with a $2000 sign on is making any profit. Total outlay is only $6800. There is no way a 2 year old truck with 28,000 mi. plus on it only loses $6,800 in depreciation.
     
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  8. DarkFury
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    The ORINGINAL finance comes from the car builders. They then re-package to loans to be sold to credit investors.
     
  9. McRocket
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    McRocket VIP Member

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    Where is your unbiased link to proof of this? Which auto manufacturers self-finance?

    Lol... and it's 'original' and 'the'...not 'to'.
     
  10. DarkFury
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    You are WAY over your head McStupid. Just bow out and shut up.
     

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