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Credit Market Implosion Will Be Severe, Says Harald Malmgren | Nicholas Glinsman, Harald Malmgren
Forward Guidance
Is the Global Economy Slowing?
We're on the edge of a masin slow down and manufacturing. The drivers anos te that have been so powerful in past decades, japan, china, germany, sabela are now experiencing nogros. I think wer, we're really going to see it big. Itis only order lod of seer a. Weve hod o period where there were not enough cars, not enough use cars. Prices were elevated for use cars, and premiums were necessary to get a new vehicle an the weight months. That is collapsing. And but we're going to, by the end of summer or the autumn, is a lots of cars and no buyers
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