Auto loan debt recently surpassed student loans as the second-largest consumer debt category. Is a crisis looming?
China faces both a shortage of decent affordable housing and a housing bubble ... paragon of car culture. But these days it’s trying to move out of that trap—back to the future.
Therefore, investing in an overvalued car company during an industry ... and the rosy picture of all future endeavors fades away, the bubble may burst, destroying the wealth of many, especially ...