Bring on another middle class meltdown. What the heck. We need some f* excitement. And you guys needs more f* money!!!!
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Alternative data: 1) are they breathing? 2) can they pay $50 a month for the next 60 years? LOAN APPROVED
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Tossing credit score aside has never had a bad result in any other sector of the economy, has it?
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Start with cutting the price. They're not worth $50,000 to $70,000
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Worked well in housing market. No Job No problem Drive truck free for 2 years. When first payment comes due, just leave it on side of road.
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Getting rid of those regulations to help growth. Wait 2-3 years. Obamas fault.
End of conversation
New conversation -
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Just keep going until there is no cohort left to lend to. Act shocked and concerned when it blows. Get bail out.
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Govt has inflated prices over decades to unaffordable so sell only by lending to unqualified result will eventually be a bust
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Time to short auto shares!
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Been through this we didn't end well
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Is that a typical American ford buyer? :D :D
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of course,
#FakeCredit SMH - "The Big Short" anyone????Thanks. Twitter will use this to make your timeline better. UndoUndo
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Maybe after this economic meltdown some billionaires WILL GO TO JAIL and pay Huge fines. The thanks we get for bailing your asses out. F*You
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EVERYBODY GETS A CAR!!!!
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this is a movie we've seen before... PS: it doesn't end well
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That dude needs at least a 3 quarter ton truck to carry him.
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Auto industry is creating their own debt bomb. It's been less than 10 years and we're doing it again with this and student loans. Insane.
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