The Car Bubble… And Cash For Clunkers II?

Wednesday, August 3, 2016
By Paul Martin

by Eric Peters via EricPetersAutos.com,
ZeroHedge.com
Aug 3, 2016

The economic backwash of too-expensive new cars and the reappearance in the marketplace of affordable alternatives (good used cars) is causing sales of new cars to wilt, probably precipitously, as invariably happens in a Boom Bust cycle. The car industry will squeal for help from Uncle Sam – just like back in the early 2000s. And Uncle will be happy to oblige, as he always is… But Uncle’s “help” always comes at a cost.

The Rest…HERE

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