RE: MASSIVE Drop In Gas Demand Is Triggering Carmageddon! - What You Need To Know
You probably need year on year figures, however, point is made that North America is doing it tough. I have heard stories of people buying 2 year old ex lease vehicles for bargain prices and car parks of closed shopping malls being filled up with unsold new cars from the factory.
I am interested in the inflation deflation debate. The high levels of debt and bubbles bursting should be deflationary. People clam that Yellen cant reach the inflation target.A breakdown of inflation, food, asset, energy, rent would be valuable although hard to get I expect. Household disposable income updates would also be useful. I expect this is falling. How muck of household disposable income is welfare, food stamps, rent subsidies etc. JSNIP4 comments on how some of his neighbors have high levels of rent subsidies.
I enjoy your videos they are very informative and will look into the book.