Civitas Review

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    Jan
    12

    Next Bubble to Burst: Auto Loans?

    Posted in Budget & Taxes, Economics By Brian Balfour | Tagged , ,

    That's the question examined by this article published by the Mises Institute. The article draws comparisons to the housing bubble that burst around 2008, triggering the Great Recession: Artificially low interest rates resulting from massive amounts of new credit expansion encouraging the purchase of consumer durable goods financed via cheap credit. Instead of learning from […]

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