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Dan A
Car Questions Answered
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Comments by "Dan A" (@DanA-nl5uo) on "Capital One Just Put The ENTIRE Auto Industry On ALERT" video.
@brucesheehe6305 "fair profit" is a dream. Capitalism sets the price at the maximum the market can bare.
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@moleculesplitter8774 the TARP agreement has made the bailout not even require congress vote on it. The Federal Reserve just does it on their own post 2008
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The next crash will be too big to save. - Nate Hagens
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Why shouldn't the private individual also get the maximum the market will bare?
3
@subaruamazon stock buybacks to juice the price. It was illegal before Reagan changed the rules in the 80s.
2
Don't blame the customer for buying what the manufacturer built. It is really hard to buy what they don't manufacturer
2
Fractional reserves means they only had 10% of the cash in the first place the other 90% was loaned into existence.
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@rogerstarkey5390 the banks don't own the loans they convert them to asset backed securities and sell them to Wallstreet
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When the dealer has sat on a vehicle for over a year it is no longer a new car it is a 1 year old used car check what KBB tells you it is worth. I see bankruptcy coming
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