The USA Today headline on March 13, 2014 was
that buyers are stretching out loans because they can’t afford the cars. SO like the 1920s. Yes, part of it is the
unmerited increase in car prices. But
another is that people’s wages aren’t keeping up.
The same paper had an article on how record
margin debt was threatening the stock market.
Sounds 1929 familiar too.
And no one is paying attention. Even if someone credible would simply argue that it wasn't applicable, that would be SOMETHING.
But maybe people know deep inside there's something very amiss. After all, there’s been a dramatic surge in
sleeping pills use…
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