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/biz/ - Business & Finance

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1879462 No.1879462 [Reply] [Original]

Thinking about shorting the auto loan industry. I've ben waiting for this bubble to pop for some time now. Anyone else been watching this or have any ideas?

>> No.1880874

>>1879462
Trump met with us auto makers no bailout inc i think

>> No.1881268

auto loan debt is about 10% of total debt in the economy... the housing loan debt bubble didn't pop until 2007 when it was about 2/3 of the total debt in the economy.
Everyone is looking for the next big short, but this ain't it. not yet anyway

>> No.1881368

>>1879462
It will probably pop here in a couple years with everything else. Nobody knows how long or big it will get but it will pop at some point. China or Europe will likely be the ones to set it off and spill over to US

>> No.1881403
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1881403

>Anyone else been watching this or have any ideas?
These guys are pretty cool and watching it:
youtube.com/watch?v=gUtP13XpgVQ#t=36m05s

>auto loan debt is about 10% of total debt in the economy... the housing loan debt bubble didn't pop until 2007 when it was about 2/3 of the total debt in the economy.
Housing was too big for the government not to do anything about but the auto loans are not important enough I think, so the industry will suffer.

>>1881368
>China or Europe will likely be the ones to set it off and spill over to US
Why? Europe?
Cars are much harder to finance here than in the US, where everybody finances everything.