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Subprime Auto Lending Bubble and manipulation of Auto Stock Price?

Discussion in 'TSLA Investor Discussions' started by SwedishAdvocate, Aug 16, 2016.

  1. SwedishAdvocate

    SwedishAdvocate Active Member

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    Apparantly there's a repeat right now of the Subprime mortgage crisis. But this time it's Auto Lending.


    And here's some additional info about a what appears to be manipulation of the Stock Price of many Auto Makers (+ some expansion on the John Oliver Video above.)...

    PLEASE NOTE: THE FOLLOWING VIDEO MAY VERY WELL BE NSFW. VIEWING DISCRETION MAY BE REQUIRED...

     
  2. Newb

    Newb Member

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    hilarious! :-D Thanks for sharing.

    On a second thought, the thing is, it's really happening. And this might backfire at Wallstreet one day. Myopia and greed seem to be endless...
     
  3. SwedishAdvocate

    SwedishAdvocate Active Member

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    I can no longer edit my original post. I guess I should have started with Allegedly. Like in:


    Allegedly there's a repeat right now of the Subprime mortgage crisis. But this time it's Auto Lending.

    And:

    And here's some additional info about a what allegedly appears to be manipulation of the Stock Price of many Auto Makers (+ some expansion on the John Oliver Video above.)...


    Oh well...
     
  4. adiggs

    adiggs Active Member

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    True and (magnitude):
    Auto Loans Aren’t a Repeat of the 2008 Financial Crisis | Pragmatic Capitalism

    The auto loan market is a small fraction of the mortgage market. So yes, there are plenty of similarities between the two - the auto loan market doesn't have the size to be a problem like 2008.


    Sidebar to this conversation - I have a hard time understanding how a human being can make their living by preying on other human beings.
     
  5. yesla

    yesla Member

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    This is systematic classicism and to some extent, racism.
    Funny how the poor spend more on everything.

    but the segment specifically said, its not going to cause any stress on the financial system.
    But i wonder what would happen if a big enough demographic files for bankruptcy at same time...
     

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