Who knew that selling McDonald's employees a 45K SUV on 8 yr lease wouldn't work? Car bubble as bad or worse than 2008 housing bubble.
Record car sales had NOTHING to do with a "Booming Economy" and everything to do with lending people money who have no ability to repay it.
https://www.cbsnews.com/news/car-loan-delinquencies-record-7-million-americans-behind-on-car-loan-payments-red-report-says/
Read up...
https://www.forbes.com/sites/ronshevlin/2019/02/21/debunking-the-auto-loan-delinquency-crisis/#46eec80112f8
And see your link, but comparing this to the housing bubble is inane.
I like when people throw out stats with no corroborating evidence. Ah, internet!
Note to self;
it's probably time to cash out from some of my stock funds.
This Q1 rally may be fool's gold...
No worries, AOC and/or Burnie, will add this to supplement "medicare for all". How else will all these allegedly "7 million" make it to their medical appointments?