“Extend and Pretend” and Other Signs of the Coming “Car Crash”
April 24, 2017 8:08 pmVideo
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http://www.elliottwave.com/Investor-Research/Financial-Forecast-Service ?tcn=ytv1703
Delinquencies have been increasing for subprime car loans. Yet, car dealers are unfazed and have been allowing buyers to “trade in underwater vehicles two or three times.” The credit boom is reaching an extreme.
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