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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: excardog who wrote (5364)1/17/2004 3:33:49 PM
From: mishedlo  Read Replies (1) of 110194
 
Borrow 15k for example and repay 14.5k or some such nonsense. Say -2% apr auto loans.

Call me crazy but I think it could happen in order to keep the machine in motion.

My opinion


Makes sense to me.
Seriously.
Anything to get customers to keep buying junks that they do not need at prices they really can not afford given the job and debt situation being what it is.

Mish
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