Is recession nearby ?

[Hitman]

10 minutes ago, dakumangalsingh said:

What abt the housing bubble built by non immigrants in Atlanta Dallas and Bay Area 

manollu Foreclosure chestaro ledo.. manaki prestige issues kadaa... ade americans ayite if house underwater, they will just foreclose and let banks suffer...i dont think this will be same case with desis..

[kevinUsa]

47 minutes ago, WHAT said:

CC lu entha istaru bro students ki max 2k .... danithone banks ki em kadu compared to 2008 housing loans

naku masters lo bofa 4k ichinidi  

velli i need credit card ani anna 

ok    drivers license icha 

she filled  na annual income kuda adagaledu

she filled 65k  and approved it to 4k  nenu shock endi ra babu ani  free cash 

 

 

[Android_Halwa]

12 minutes ago, dakumangalsingh said:

What abt the housing bubble built by non immigrants in Atlanta Dallas and Bay Area 

Ipativaraku aithe enni recissions vachina, desi burrows ki aathu kuda emi kadu bhai...

yeah 2008 recession was once in a while thing, what has happened has happened...

glad it happened, banks have woken up to the reality and have made stringent measures and bubble will not happen and even if it happens, it will not be as worst as it was....property prices abnormal ga periginavi slash ayitayi...but base prices wil lstill hold good...

[Raithu_bidda_]

1 minute ago, Android_Halwa said:

Ipativaraku aithe enni recissions vachina, desi burrows ki aathu kuda emi kadu bhai...

yeah 2008 recession was once in a while thing, what has happened has happened...

glad it happened, banks have woken up to the reality and have made stringent measures and bubble will not happen and even if it happens, it will not be as worst as it was....property prices abnormal ga periginavi slash ayitayi...but base prices wil lstill hold good...

Y desis  safe uncle???

[xxxmen]

5 minutes ago, Android_Halwa said:

Ipativaraku aithe enni recissions vachina, desi burrows ki aathu kuda emi kadu bhai...

yeah 2008 recession was once in a while thing, what has happened has happened...

glad it happened, banks have woken up to the reality and have made stringent measures and bubble will not happen and even if it happens, it will not be as worst as it was....property prices abnormal ga periginavi slash ayitayi...but base prices wil lstill hold good...

A stringent measures ani last month bill petti lepisaru asusual ga loans istinaru malla

[kevinUsa]

Just now, Android_Halwa said:

Ipativaraku aithe enni recissions vachina, desi burrows ki aathu kuda emi kadu bhai...

yeah 2008 recession was once in a while thing, what has happened has happened...

glad it happened, banks have woken up to the reality and have made stringent measures and bubble will not happen and even if it happens, it will not be as worst as it was....property prices abnormal ga periginavi slash ayitayi...but base prices wil lstill hold good...

As you see there is debt in subprime lending for car mortgages.   people are expecting the auto sector will lead to the recession as you are aware of nearly $1.5 Tn auto loans and moreover you can see that there is an increase in 84-month loans for autos which is not a good thing to do.   I met an auto insurance agent she was explaining to me how her daughter's boyfriend who is 19year old pays a mortgage of 600 per month on his truck. This is a sign for recession subprime lending. People with less than 650 in credit are able to walk with brand new cars worth 20-50k, sometimes with no down this is where the problem starts. If someone can understand when you are approving loans to people who are not worth getting loan is where the problem buds.

[kevinUsa]

5 minutes ago, xxxmen said:

A stringent measures ani last month bill petti lepisaru asusual ga loans istinaru malla

yes 

H.R. 4743: Small Business 7(a) Lending Oversight Reform Act of 2018

[Android_Halwa]

4 minutes ago, kevinUsa said:

As you see there is debt in subprime lending for car mortgages.   people are expecting the auto sector will lead to the recession as you are aware of nearly $1.5 Tn auto loans and moreover you can see that there is an increase in 84-month loans for autos which is not a good thing to do.   I met an auto insurance agent she was explaining to me how her daughter's boyfriend who is 19year old pays a mortgage of 600 per month on his truck. This is a sign for recession subprime lending. People with less than 650 in credit are able to walk with brand new cars worth 20-50k, sometimes with no down this is where the problem starts. If someone can understand when you are approving loans to people who are not worth getting loan is where the problem buds.

Thats a good sign actually...

let the govenrment bail out the car companies again...that would be billions of new cash in the market....means new oppurtunities..!!!

welcome thing...

[Android_Halwa]

15 minutes ago, Raithu_bidda_ said:

Y desis  safe uncle???

desis will never abandon their properties even if the value falls....atleast this has never happened until now..

yeah, here and there once in a while someone might have done it but look at bigger picture, desi burrows will not loose value like it does else where...

[TrumpCare]

trump unda ga matram radhu ..MAGA 

[kevinUsa]

1 minute ago, Android_Halwa said:

Thats a good sign actually...

let the govenrment bail out the car companies again...that would be billions of new cash in the market....means new oppurtunities..!!!

welcome thing...

FORD ,GM, Chrysler   will  be worth pennies 

anna american auto industry will have huge impact on Japan and Germany 

Germany where 1 in 7 people work in auto industry

[kevinUsa]

add tesla to that too 

[Android_Halwa]

3 minutes ago, kevinUsa said:

FORD ,GM, Chrysler   will  be worth pennies 

anna american auto industry will have huge impact on Japan and Germany 

Germany where 1 in 7 people work in auto industry

hehe...well, its silly that American automakers are still being managed by americans...!! They havent learn lessons of 2008...they need another hard recession to realise that americans are bad at running car companies...

already chrysler is managed by FIAT....now its time for GM and Ford to change hands...let japanese and koreans take care of automobile industry in USA>..

[kevinUsa]

4 minutes ago, Android_Halwa said:

hehe...well, its silly that American automakers are still being managed by americans...!! They havent learn lessons of 2008...they need another hard recession to realise that americans are bad at running car companies...

already chrysler is managed by FIAT....now its time for GM and Ford to change hands...let japanese and koreans take care of automobile industry in USA>..

Ford has issued  20Bn in bonds in the last couple of years company like that goes bankrupt will have an impact on Wallstreet and all the auto lending companies. 

[former]

vachhedi r