What I’m reading there is that there’s going to be a 2008-style Crash (this time on auto debt instead of realestate) alongside a 2000-style Crash (this time on Generative AI instead of a Net bubble).
Mind you, it will be centered in the US and other countries will mainly feel side effects.
2008-style Crash (this time on auto debt instead of realestate)
The 2008 crash was also an auto debt crash. That’s why you had Cash-For-Clunkers rolled out in 2009 followed by Obama and Romney arguing over an automotive bailout in the 2012 election.
What I’m reading there is that there’s going to be a 2008-style Crash (this time on auto debt instead of realestate) alongside a 2000-style Crash (this time on Generative AI instead of a Net bubble).
Mind you, it will be centered in the US and other countries will mainly feel side effects.
The 2008 crash was also an auto debt crash. That’s why you had Cash-For-Clunkers rolled out in 2009 followed by Obama and Romney arguing over an automotive bailout in the 2012 election.
Also the reason you can’t buy a new Mercury/Pontiac