[quote=Bristol Chicken]Exactly. 600K + drank the ‘Cash for Clunkers’ koolaid. I can’t deny the short term benefits to our broken economy but all of the government intervention only skews the markets and disallows price discovery. Unsustainable on so many fronts. With our help the bubbles are inflating before our very eyes. We collectively have learned nothing.[/quote]
Bubble inflating, rally, just as before, unsustainable. How long before the air goes through the massive hole? And yes, the government will continue to try prop it up. All their efforts have succeeded to a certain extent. But they have to now continue and w/the same degree if not more to allow it to continue. I’m thinking sooner or later something has got to give.
In any case, for those who paid in the 500k range, I wouldn’t be shocked to see them stop paying.
