I really don't know what to believe about the liquidity bubble built by most of the world's central banks since 2009. I have become numb, and simply shake my head in disbelief. But a recent article on Zero Hedge got me thinking about a more concrete manifestation of the liquidity bubble. They think the motor vehicle bubble is ready to pop. In particular, there are millions of leased cars and trucks that will be turned in soon, creating a glut of 3-year-old used cars and trucks. Since I think the used truck market is even more over-priced than the new truck market, their prediction is mouth-watering, even more so considering that circa 2013 trucks are likely to be as good as trucks ever get. Of course they could start making smaller pickup trucks, but don't hold your breath. Have you seen the ridiculous numbers that CAFE, the government-imposed fuel economy requirement, is demanding in the years ahead? What are they planning on doing? Much of the low-hanging fruit h
Early retirement, mainstream-media-free, bicycling, classic books & history, RV camping, and dogs.