Originally Posted by TexasHuntress
Originally Posted by cartervj
Lots of soft spots showing up. Read where the likes of Polaris and other leisure craft companies have had significant slow down. High interest rates to blame they said. I saw something about banks exposures today and they’ve been mentioning commercial office space being a bygone for the most part.


Oh, but the economy is great they say.

I suspect that if someone had the cash squirreled away that they would be able to pick up some nice toys in the not too distant future at fire sale prices.

Lots of folks living on partial credit and if only making the minimum payment that limit is gonna hit and there is gonna be a huge squeeze on those folks and they will unload as much as they can to stay above water.

Unfortunately, most of these same folks purchased all these "toys" on credit and are now upside down on their purchases so can't sell them at fire sale prices because they won't be able to pay off the loans. Good for repo man!

"It is the mark of an educated mind to be able to entertain a thought without accepting it"