I'm curious as to what will happen by late 2008. We've already endured 2 consecutive quarters of negative GDP, the primary indicator of a recession. Liquidity stinks right now despite monetary policy efforts. It's just a matter of time before short term financing, such as Auto Loans, follows the current trend that currently plagues long term financing. Basically, the spread, rather the cost & risk associated with providing auto loans will exceed the banks cost to provide the financing....then bye bye auto loans. Now that will be a crazy predicament for BMW. Only answer would be for the Fed to devalue assets or consumer goods, to not push inflation up and up. Could you imagine?
2008 E92M3-Space Gray
Eisenmann Sport Exhaust_MT/Loaded
Last edited by DJ9; 03-13-2008 at 02:45 AM.