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STOCKTALK

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To: benwood who wrote (195346)	10/4/2002 1:15:20 PM
From: yard_man	Read Replies (1) \| Respond to of 436258

the pt is "stacking" describes what is being done with new debt in general all across the economy. The debt bubble is real and it won't unwind, it will pop. Looking forward to a very nice used car market in 6-18 months when I'd like to be shopping for one <ng>

To: benwood who wrote (195346)	10/4/2002 1:17:53 PM
From: yard_man	Read Replies (1) \| Respond to of 436258

must be some kinda program buying keeping this thing afloat -- pretty amazing

To: benwood who wrote (195346)	10/4/2002 1:24:07 PM
From: Perspective	Read Replies (1) \| Respond to of 436258

Who's doing the stacked loans? Is that F, or the subprime lenders like ACF? BC

To: benwood who wrote (195346)	10/4/2002 2:19:30 PM
From: Bill/WA	Read Replies (3) \| Respond to of 436258

Ben, My friend (who is heavily in debt) just bought a new 3/4 ton, extended cab truck with all the bells and whistles. He had a perfectly good '99 3/4 ton extended cab. When I asked him why he bought the new truck, already having a perfectly good truck and getting himself further in hock, his response was, "Well, the monthly payments are lower and I have longer to pay if off." Huh? Over here on the peninsula (Silverdale) the used car lots are loaded with relatively new trucks and SUV's. Bill/WA