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Old May 23rd 07, 10:37 PM posted to rec.aviation.piloting
Peter R.
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Posts: 1,045
Default Where is everyone?

On 5/23/2007 5:18:57 PM, "Dan Luke" wrote:

The whole country is floating on a huge bubble of debt. Individuals have
their maxed-out credit cards, 5-year car loans


Car dealers around my part of the US are now offering 6 year car loans! With
auto depreciation being what it is, there will be a lot of upside-down auto
loans out there in a few more years.

--
Peter