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finances technically .... (Read 757 times)
Sprintcyclist
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finances technically ....
Jan 20th, 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
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Re: finances technically ....
Reply #1 - Jan 21st, 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?
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Sprintcyclist
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Re: finances technically ....
Reply #2 - Jan 21st, 2009 at 11:37am  

Now the US govt is giving away cars for free, is my reading of it.
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Re: finances technically ....
Reply #3 - Jan 21st, 2009 at 10:39pm  
Peter Schiff was the only guy that was right. Everyone ignored him, but he nailed it.
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