Forum Discussion
BurbMan
Dec 15, 2014Explorer III
carringb wrote:
Most folks buying trucks with heated butt massagers and 3 screen infotainment systems with 28 speakers sound systems are not buying them because they have more money to spend. They're just taking out extended-term loans because the salesperson "made their payment the same" which means more negative equity loans out there, undoubtedly being repackaged into investment securities which your (and my) retirement portfolio is buying into.
Spot on Bryan!!
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