What Happens When the Auto-Loan Boom Blows Up?

Summary: One theory of the bulls is that the slow recovery since 2008 means that there are few imbalances in the US economy, the strong sectors whose busts cause recessions. That is not correct. Here we look at one strong sector: automobile sales. As usual in America, we start by looking at the lending that […]

Read Full Story from Fabius Maximus website http://fabiusmaximus.com/2015/12/06/auto-loans-boom-bust-91713/
This article by Editor of the Fabius Maximus website originally appeared on fabiusmaximus.com on December 06, 2015 at 08:30PM