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re: Car dealers have so much backlog, some 2022s are "new"
Posted on 12/2/23 at 8:45 am to SlowFlowPro
Posted on 12/2/23 at 8:45 am to SlowFlowPro
quote:
People are drowning financially
Because they refuse to cut back
The same people drowning are still going on vacations, going out to eat several times a week, buying tons of shite for christmas, etc
This post was edited on 12/2/23 at 8:46 am
4
Posted on 12/2/23 at 8:49 am to Cosmo
Most Americans are morons when it comes to finances. They stretch themselves financially.
Posted on 12/2/23 at 8:49 am to Cosmo
quote:
Because they refuse to cut back
The same people drowning are still going on vacations, going out to eat several times a week, buying tons of shite for christmas, etc
I'm not saying they're engaging in perfect decision-making; just discussing how the macro is affecting the impacts of that DM.
That's ultimately a tomato-tomato scenario. If they cut back on those things, it would have similar macro issues b/c spending in general needs to decrease (which will force prices down, ultimately). This applies to cars, houses, vacations, restaurants, drip, phones, streaming services, etc.
Posted on 12/2/23 at 8:53 am to Cosmo
quote:
Because they refuse to cut back
The same people drowning are still going on vacations, going out to eat several times a week, buying tons of shite for christmas, etc
This is the straight up frickin' truth of it right here.
You just described some friends and neighbors of mine. They're drowning badly and think that because they now have a Costco membership, they're spending wisely.
Posted on 12/2/23 at 9:21 am to Cosmo
quote:
Because they refuse to cut back The same people drowning are still going on vacations, going out to eat several times a week, buying tons of shite for christmas, etc
Had a LPN I work with tell me that she overdrafted her checking acct and had no money til next paycheck but already spent 2k on Christmas gifts for her 5 kids and just thinking about how she can spend more. Spending has become an addiction for people
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