OK so this in and of itself

[rocket science]

OK so this in and of itself provides any new or concrete evidence that the "mother of all recessions" is coming.

So lets move on to the next piece of the puzzle.

Is this a sign of another shoe to drop?

 

http://www.latimes.com/news/local/la-fi-autoloans30dec30,1,2767577.story?ctrack=1&cset=true

 

My favorite part…

 "The job of a successful dealer is to find a funding package that's acceptable to the customer," said Paul Taylor, chief economist of the National Automobile Dealers Assn. "These loans allow them to get a luxury car rather than a more modestly priced vehicle." 

Just like in the housing bubble!!!!

rs