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https://www.dailymail.co.uk/yourmoney/article-15144953/Auto-giants-collapse-sparks-recession-fears-haunting-parallel-2008-crash-Canary-coal-mine.html
. . .
No, it's not all Trump's fault - sorry.
Auto prices have been shooting up for years, but
consumers have kept taking on bigger and bigger
loans to pay for new vehicles anyway because
they had to.
But now, with other things - esp rent and home
loans - also being ridiculous, they just CAN'T
pay everything anymore.
So, they're defaulting on car loans en-masse.
Finance companies, you're just SCREWED.
There will be a chain of related industries
that will also suffer.
Individual income is NOT going to suddenly shoot
up by 50% - enough to cover everything.
So where's that leave us ?
This is big broad money stuff, even a POTUS can't
do much about it. The 'usual stuff' is just too
expensive and now there will be an implosion
just like with the last property bubble.
'Capitalism' has a lot of good points - but
the trend towards inflation/speculative-pricing
aren't one of those good features. Seems to
ensure endless boom/bust cycles. All 'systems'
have their flaws.
https://www.dailymail.co.uk/yourmoney/article-15144953/Auto-giants-coll apse-sparks-recession-fears-haunting-parallel-2008-crash-Canary-coal-mi ne.html
. . .
No, it's not all Trump's fault - sorry.
Auto prices have been shooting up for years, but
consumers have kept taking on bigger and bigger
loans to pay for new vehicles anyway because
they had to.
But now, with other things - esp rent and home
loans - also being ridiculous, they just CAN'T
pay everything anymore.
So, they're defaulting on car loans en-masse.
Finance companies, you're just SCREWED.
There will be a chain of related industries
that will also suffer.
c186282 <c186282@nnada.net> wrote in >news:nUqdnc5II_xZ4Ub1nZ2dnZfqnPadnZ2d@giganews.com:
https://www.dailymail.co.uk/yourmoney/article-15144953/Auto-giants-coll
apse-sparks-recession-fears-haunting-parallel-2008-crash-Canary-coal-mi
ne.html
. . .
No, it's not all Trump's fault - sorry.
Trump said we are now in his
"Golden Age of America", remember?
Auto prices have been shooting up for years, but
consumers have kept taking on bigger and bigger
loans to pay for new vehicles anyway because
they had to.
But now, with other things - esp rent and home
loans - also being ridiculous, they just CAN'T
pay everything anymore.
So, they're defaulting on car loans en-masse.
Finance companies, you're just SCREWED.
Everyone is getting screwed in Trump's
economy (see below) except him and his small
class of fellow elites.
There will be a chain of related industries
that will also suffer.
The GOP controls every branch of
government, what are they doing about
this?
https://www.dailymail.co.uk/yourmoney/article-15144953/Auto-giants-collapse- sparks-recession-fears-haunting-parallel-2008-crash-Canary-coal-mine.html
. . .
-a No, it's not all Trump's fault
On Tue, 30 Sep 2025 12:58:35 +0000, Mitchell Holman <noemail@aol.com>
wrote:
c186282 <c186282@nnada.net> wrote inI think Hollowhead is having a difficult time. Perhaps many of the
news:nUqdnc5II_xZ4Ub1nZ2dnZfqnPadnZ2d@giganews.com:
https://www.dailymail.co.uk/yourmoney/article-15144953/Auto-giants-coll
apse-sparks-recession-fears-haunting-parallel-2008-crash-Canary-coal-mi
ne.html
. . .
No, it's not all Trump's fault - sorry.
Trump said we are now in his
"Golden Age of America", remember?
Auto prices have been shooting up for years, but
consumers have kept taking on bigger and bigger
loans to pay for new vehicles anyway because
they had to.
But now, with other things - esp rent and home
loans - also being ridiculous, they just CAN'T
pay everything anymore.
So, they're defaulting on car loans en-masse.
Finance companies, you're just SCREWED.
Everyone is getting screwed in Trump's
economy (see below) except him and his small
class of fellow elites.
There will be a chain of related industries
that will also suffer.
The GOP controls every branch of
government, what are they doing about
this?
other residents in his nursing home have regular visits from their
family and he's all alone and feels left out.
On 9/30/25 09:24, LeftistsAreMorons wrote:
On Tue, 30 Sep 2025 12:58:35 +0000, Mitchell Holman <noemail@aol.com>
wrote:
c186282 <c186282@nnada.net> wrote inI think Hollowhead is having a difficult time. Perhaps many of the
news:nUqdnc5II_xZ4Ub1nZ2dnZfqnPadnZ2d@giganews.com:
https://www.dailymail.co.uk/yourmoney/article-15144953/Auto-giants-coll >>>> apse-sparks-recession-fears-haunting-parallel-2008-crash-Canary-coal-mi >>>> ne.html
. . .
No, it's not all Trump's fault - sorry.
Trump said we are now in his
"Golden Age of America", remember?
Auto prices have been shooting up for years, but
consumers have kept taking on bigger and bigger
loans to pay for new vehicles anyway because
they had to.
But now, with other things - esp rent and home
loans - also being ridiculous, they just CAN'T
pay everything anymore.
So, they're defaulting on car loans en-masse.
Finance companies, you're just SCREWED.
Everyone is getting screwed in Trump's
economy (see below) except him and his small
class of fellow elites.
There will be a chain of related industries
that will also suffer.
The GOP controls every branch of
government, what are they doing about
this?
other residents in his nursing home have regular visits from their
family and he's all alone and feels left out.
He does have 'problems' ...
However to a point here we're talking about
'systemic issues' - beyond the control of
any person or even political entity. Such
flaws exist in 'socialism', but also with
'Libertarianism' and 'capitalism'. There's
always a gotcha.
Carefully mixed models MIGHT help, but we
tend to get factional conflicts and the
'careful' aspect falls apart as each faction
pushes for their vision of 'ideological
purity'. Nothing new here.
Capitalism tends to keep 'banging the rails'.
Leaps at every opportunity until it's totally
ruined and then crashes hard. As per the
thread subject, we're about to see that yet
again with the price of vital commodities
and financing thereof.
I don't think Joe, or Trump, or Newsom, can
do a damned thing about it - "too big". Bring
in commies if you want but they'll just fuck
it up in their own special ways and everybody
will be screwed.
Maybe life in the small agrarian country village
was the pinnacle - 99% self-sufficient, everyone
knew and depended on everyone else. Even the
town drunk was at least amusing.
On Tue, 30 Sep 2025 23:21:40 -0400, c186282 <c186282@nnada.net> wrote:
On 9/30/25 09:24, LeftistsAreMorons wrote:
On Tue, 30 Sep 2025 12:58:35 +0000, Mitchell Holman <noemail@aol.com>
wrote:
c186282 <c186282@nnada.net> wrote inI think Hollowhead is having a difficult time. Perhaps many of the
news:nUqdnc5II_xZ4Ub1nZ2dnZfqnPadnZ2d@giganews.com:
https://www.dailymail.co.uk/yourmoney/article-15144953/Auto-giants-coll >>>>> apse-sparks-recession-fears-haunting-parallel-2008-crash-Canary-coal-mi >>>>> ne.html
. . .
No, it's not all Trump's fault - sorry.
Trump said we are now in his
"Golden Age of America", remember?
Auto prices have been shooting up for years, but
consumers have kept taking on bigger and bigger
loans to pay for new vehicles anyway because
they had to.
But now, with other things - esp rent and home
loans - also being ridiculous, they just CAN'T
pay everything anymore.
So, they're defaulting on car loans en-masse.
Finance companies, you're just SCREWED.
Everyone is getting screwed in Trump's
economy (see below) except him and his small
class of fellow elites.
There will be a chain of related industries
that will also suffer.
The GOP controls every branch of
government, what are they doing about
this?
other residents in his nursing home have regular visits from their
family and he's all alone and feels left out.
He does have 'problems' ...
However to a point here we're talking about
'systemic issues' - beyond the control of
any person or even political entity. Such
flaws exist in 'socialism', but also with
'Libertarianism' and 'capitalism'. There's
always a gotcha.
Carefully mixed models MIGHT help, but we
tend to get factional conflicts and the
'careful' aspect falls apart as each faction
pushes for their vision of 'ideological
purity'. Nothing new here.
Capitalism tends to keep 'banging the rails'.
Leaps at every opportunity until it's totally
ruined and then crashes hard. As per the
thread subject, we're about to see that yet
again with the price of vital commodities
and financing thereof.
I don't think Joe, or Trump, or Newsom, can
do a damned thing about it - "too big". Bring
in commies if you want but they'll just fuck
it up in their own special ways and everybody
will be screwed.
Maybe life in the small agrarian country village
was the pinnacle - 99% self-sufficient, everyone
knew and depended on everyone else. Even the
town drunk was at least amusing.
Yes, Capitalism isn't perfect, but it's better than any other known
economic system.
Collectivism on a large scale requires sacrificing too much
individuality for most people. Natural selection leads people do what
best serves their own interests. It's human nature.
Almost everyone who approves of a collectivist economy is looking at
it from the position of "I want you to give to me"," rather than "I
want to give to you." Self interest prevails. It's human nature.
Bernie Sanders is evidence of that.
The top level promoters of collectivism assume they'll be serving
their own self interests by taking the leadership role. Collectivist
systems require powerful top dogs to control the rest of the group.
Top dogs always live a higher quality lifestyle, simply because they
can. It's human nature.
On 10/1/25 02:36, LeftistsAreDimwits wrote:
On Tue, 30 Sep 2025 23:21:40 -0400, c186282 <c186282@nnada.net>
wrote:
On 9/30/25 09:24, LeftistsAreMorons wrote:
On Tue, 30 Sep 2025 12:58:35 +0000, Mitchell Holman
<noemail@aol.com> wrote:
c186282 <c186282@nnada.net> wrote inI think Hollowhead is having a difficult time. Perhaps many of the
news:nUqdnc5II_xZ4Ub1nZ2dnZfqnPadnZ2d@giganews.com:
https://www.dailymail.co.uk/yourmoney/article-15144953/Auto-giants >>>>>> -coll
apse-sparks-recession-fears-haunting-parallel-2008-crash-Canary-co >>>>>> al-mi ne.html
. . .
No, it's not all Trump's fault - sorry.
Trump said we are now in his
"Golden Age of America", remember?
Auto prices have been shooting up for years, but
consumers have kept taking on bigger and bigger
loans to pay for new vehicles anyway because
they had to.
But now, with other things - esp rent and home
loans - also being ridiculous, they just CAN'T
pay everything anymore.
So, they're defaulting on car loans en-masse.
Finance companies, you're just SCREWED.
Everyone is getting screwed in Trump's
economy (see below) except him and his small
class of fellow elites.
There will be a chain of related industries
that will also suffer.
The GOP controls every branch of
government, what are they doing about
this?
other residents in his nursing home have regular visits from their
family and he's all alone and feels left out.
He does have 'problems' ...
However to a point here we're talking about
'systemic issues' - beyond the control of
any person or even political entity. Such
flaws exist in 'socialism', but also with
'Libertarianism' and 'capitalism'. There's
always a gotcha.
Carefully mixed models MIGHT help, but we
tend to get factional conflicts and the
'careful' aspect falls apart as each faction
pushes for their vision of 'ideological
purity'. Nothing new here.
Capitalism tends to keep 'banging the rails'.
Leaps at every opportunity until it's totally
ruined and then crashes hard. As per the
thread subject, we're about to see that yet
again with the price of vital commodities
and financing thereof.
I don't think Joe, or Trump, or Newsom, can
do a damned thing about it - "too big". Bring
in commies if you want but they'll just fuck
it up in their own special ways and everybody
will be screwed.
Maybe life in the small agrarian country village
was the pinnacle - 99% self-sufficient, everyone
knew and depended on everyone else. Even the
town drunk was at least amusing.
Yes, Capitalism isn't perfect, but it's better than any other known
economic system.
Collectivism on a large scale requires sacrificing too much
individuality for most people. Natural selection leads people do what
best serves their own interests. It's human nature.
Almost everyone who approves of a collectivist economy is looking at
it from the position of "I want you to give to me"," rather than "I
want to give to you." Self interest prevails. It's human nature.
Bernie Sanders is evidence of that.
The top level promoters of collectivism assume they'll be serving
their own self interests by taking the leadership role. Collectivist
systems require powerful top dogs to control the rest of the group.
Top dogs always live a higher quality lifestyle, simply because they
can. It's human nature.
Fully agree that socialism/collectivism gets its
traction from the disinformed masses who love
anything that sounds like "free money".
I think Hollowhead is having a difficult time. Perhaps many of the
other residents in his nursing home have regular visits from their
family and he's all alone and feels left out.
He does have 'problems' ...
On Tue, 30 Sep 2025 23:21:40 -0400, c186282 <c186282@nnada.net> wrote:
I think Hollowhead is having a difficult time. Perhaps many of the
other residents in his nursing home have regular visits from their
family and he's all alone and feels left out.
He does have 'problems' ...
Still can't do better than personal insult?
"One half dick and one half tater, Donald is a Vlad fellator." ><https://www.youtube.com/watch?v=VhlwPOrccww>--- Synchronet 3.21a-Linux NewsLink 1.2