We knew it was coming...
https://www.zerohedge.com/economics/all-sudden-it-came-halt-after-posting-fresh-records-just-months-earlier-rv-industry
Forum Discussion
bgum wrote:
I all truthfulness we need an adjustment in pricing. A small teardrop camper that sold for $8-9,000 is now selling for $22,000. Houses are now selling at more than double their previous price. Even if salaries had doubled those prices can not be sustained. Don't blame it on the price of oil. Capitalism making a buck by speculation.
Um, no. It has zero to do with capitalism and everything to do with socialist and all the free money being thrown around. You simply cannot print your way out of poor economic policy.
