Prices back down to earth

[ER9240]

Once a month, I sit in a 2hr meeting at work, a forum about consumer credit. And we have a half an hour "economic update" presentation from someone from Moody's Analytics, which is one of the largest financial analysis companies in the country.

I can safely tell you that anybody who trys to predict what will happen is pulling shit out of their ass. You know that scene in South Park where they use a headless chicken to make decisions for the world economy? It's scary how accurate that is.

I just think it’s interesting to see why things are currently happening based on past decisions that have been made by lenders/sellers/buyers.

 

[Strange Mud]

I read that if you put all the Economists that ever existed in a row they still won't reach a conclusion.

my only Economist joke

 

[JC_451]

Booo!

 

[krvnked]

I sincerely think that we will never see affordable cars ever again until electric cars seem like a bargain at 35k

they will also use this as a reason to stop producing gas cars all together with their plans of going all electric by 2030 anyway