Australian Politics Forum

Australian Politics Forum
http://www.ozpolitic.com/forum/YaBB.pl General Discussion >> Technically Speaking >> finances technically .... http://www.ozpolitic.com/forum/YaBB.pl?num=1232455742 Message started by sprintcyclist on Jan 20^th, 2009 at 10:49pm

Title: finances technically ....
Post by sprintcyclist on Jan 20^th, 2009 at 10:49pm

Quote:

"..........Treasury Department said on Friday it will provide a $1.5 billion loan to Chrysler's financing arm, Chrysler Financial, and the automaker plans to offer zero-per cent financing on several models and expand lending to car buyers with less than ideal credit."........

The technical interperetation for this is ............

http://www.nzherald.co.nz/motoring/news/article.cfm?c_id=9&objectid=10552678

Title: Re: finances technically ....
Post by freediver on Jan 21^st, 2009 at 10:53am

Quote:

plans to offer zero-per cent financing on several models and expand lending to car buyers with less than ideal credit

Isn't that what triggered the financial crisis in the first place?

Title: Re: finances technically ....
Post by sprintcyclist on Jan 21^st, 2009 at 11:37am

Now the US govt is giving away cars for free, is my reading of it.

Title: Re: finances technically ....
Post by Calanen on Jan 21^st, 2009 at 10:39pm

Peter Schiff was the only guy that was right. Everyone ignored him, but he nailed it.

http://www.youtube.com/v/2I0QN-FYkpw