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Business, Economics, and Tax Policy 8: Bezos Takes Over the World

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Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

I’m picturing councilman Jamm yelling “you got JAMMED”
 
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

FadeToBlack&Gold said:
Congrats Wisconsin, looks like you got...



(•_•)
( •_•)>⌐■-■
(⌐■_■)



Conn'ed.

YEAHHHHHHHHHHHHH!
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I hope Pete Townshend gets a nickle each time a person uses this meme.
 
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

US deficit now over 22 Trillion
 
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

How the US Economy and Tax System really works.

This is how the whole scheme functions. Imagine a table with 3 people - a billionaire, a blue collar worker and a mexican. there are 10 cookies. The billionaire takes 9 and tells the blue collar: "hey! the mexican is going to eat your cookie!"
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Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

White people have more in common with colored people than they do with rich people
 
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

dxmnkd316 said:
https://www.huffingtonpost.com/entr...s_5c637947e4b07115222b2014?ncid=NEWSSTAND0001

This isn’t a worrying sign. Not at all.
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Car loans are an interesting problem. I'm kind of in the market for a new car, so in the evening I'll frequently surf through car dealership sites. The loan companies affiliated with GM or Ford are actively pushing 84 month loans. Seven years is a long time for a car loan. I remember when I first heard of a five year loan and thought that was crazy. It's not like a house. In seven years there is a good chance that something bad will happen to that car, whether it's an accident, or it just stops working or whatever, and people are going to walk away from loans when they are upside down on the car.
 
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

SJHovey said:
Car loans are an interesting problem. I'm kind of in the market for a new car, so in the evening I'll frequently surf through car dealership sites. The loan companies affiliated with GM or Ford are actively pushing 84 month loans. Seven years is a long time for a car loan. I remember when I first heard of a five year loan and thought that was crazy. It's not like a house. In seven years there is a good chance that something bad will happen to that car, whether it's an accident, or it just stops working or whatever, and people are going to walk away from loans when they are upside down on the car.
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Yeah, that's like offering a 50-year mortgage, or more. I just don't like the idea of 84. I don't like the idea of 60. If you can't afford a car in 36, look at a different vehicle. If you can't afford a 30-year fixed mortgage, buy a smaller house.
 
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

ScoobyDoo said:
I find student debt to be the bigger problem. This, however, is not good.
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Student debt will certainly have more effect to slow the overall economy in the long-term, but the automotive debt has the potential to hit us in the guy in the short- and mid-term timeframes. It's a milder case of the mortgage crisis that hit us in 2009.
 
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

ScoobyDoo said:
I find student debt to be the bigger problem. This, however, is not good.
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It's not that there's an assload of loans, it's that the delinquency rates are spiking. That's usually a good sign that a recession is approaching. We're already looking at a yield curve inversion coupled with lower than average tax returns and those coupled with a spike in loan delinquencies?

Winter is coming. And we have a 4-year-old at the helm.
 
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

St. Clown said:
Student debt will certainly have more effect to slow the overall economy in the long-term, but the automotive debt has the potential to hit us in the guy in the short- and mid-term timeframes. It's a milder case of the mortgage crisis that hit us in 2009.
Click to expand...

I see what you guys are getting at. Can't disagree. Winter is coming.
 
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

Payless Shoes are shuttering their remaining 2,100 stores and liquidating everything.
 
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