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Why The Subprime Auto Debt Bubble Matters

Why The Subprime Auto Debt Bubble Matters

BUBBLES? SUBPRIME AUTO DEBT? WHAT? BUBBLE In the world of economics, a bubble represents a significant price increase of an asset irrespective to an increase in the asset’s underlying value. We saw it with housing prices in 2008: individuals were buying houses to “flip” rather than owning as a long-term investment. Bubbles emerge when the value of an investment is dictated by perception & speculation, […]

Posted: May 23, 2017
Under: Current Events, debt, economy, Education, Investing, Market Moving, News, Politics
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