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Old 09-21-2018, 08:00 PM
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Old 09-21-2018, 08:21 PM
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Originally Posted by Hoonose View Post
The thing about auto and student debt is that it is not nearly the size of housing, and for a chance of another crash, it would all have to tumble at once. How are the two even related? And all that debt in both sectors is spread way out and mostly to better informed lenders. So I think the risk there is low compared to housing and 2008. Sure we could and will hit a bump and again. But IMO not so severe as 2008.
All debt is related when you talk about household leverage. At least with housing you have a relatively “stable” asset backed by the liability. With Auto its a depreciating finite asset and with student loans it’s backed by kids getting MBAs while stoned in their dorm rooms. If you can’t see how leverage/debt and ongoing credit markets are linked then I feel for you.
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Old 09-23-2018, 08:38 AM
1,040 posts, read 412,183 times
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Originally Posted by SportyandMisty View Post
I think we'll have continued economic expansion for at least the next 5 years.

The biggest impediment will be the ongoing labor shortage. For some time now, it has been hand-to-hand combat for employers to hire good employees; there just are not enough to go around. We desperately need an improved immigration system to bring the right kind of people into the USA - the skilled, the intelligent, and those with capital.

Inflation will continue to be a non-issue.
That's an awfully bold prediction.

What's your reasoning behind it?
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Old 09-23-2018, 09:48 AM
Location: Oregon, formerly Texas
5,242 posts, read 3,393,710 times
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Auto loans will get worse, not better, as new car prices rise thanks to tariffs.

Student loan levels will continue to rise. So will health care costs. There is nothing on the docket to provide relief.

Sales of existing homes will slow down. The Millennials that have money & good jobs have been buying houses at a good clip. We're running out of financially secure millennials & getting down to the ones overloaded with car and education debt. They can't afford houses.

If the Democrats take congress, I expect them to put forward multiple health care and education bills that Trump will veto.
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Old 09-23-2018, 10:12 AM
Location: plano
5,952 posts, read 7,490,732 times
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The east and west coast housing prices crash as AGW damages and floods those areas. Student and Auto finance markets crash as coastal economies collapse, see above. Dems win Congress and say see we told you tax cuts were Armageddon. They block Trump's attempts to address these bubbe crashes.

Stock markets rumble higher climbing the walls of worry these crashes on the coast and of student and Auto debt markets too.

The bi coasters move inland to escape the devestation. And so on we go...

Sure beats boring....
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