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Malta, Illinois | Yeah isn’t that crazy? Works the same for land too. And then we have the credit card debt. Whatever kind of cars the companies are building, the dealer lots are going to be jammed with them within the next couple of years. Debt service on loans and credit cards will make it pretty darn hard for a lot of these folks to be able to commit to the payments for a new or used car. Car dealers are going to be trying to live off of cash buyers. If I were a car dealer right now I would be scared out of my mind. | |
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