Wait. Haven’t we heard before about making loans easier for people to get? Seems like that’s what led to the housing mortgage crisis, where banks put people into houses they could not afford.
Does this mean people who lose their houses may buy new cars to live in?
... Until the cars are repossessed?
Oh, yes, one other thing ... Part of what is making this possible is an “investment” made by the U.S. Treasury.
Are we really supposed to take this as good news?
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