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Politics in the Zeros

Topple Trump, politics, renewable energy, water

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Automakers cut back credit to dealers

  • Default imageBob Morris
  • Fri, Aug 29, 2008
  • Credit crisis

Squeezed automakers are no longer offering easy credit to their dealers. This in turn squeezes the dealers, some of whom are already going out of business.

Sounds like a death spiral to me.

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