Car repos
If a car is repoed it counts as both consumption and inventory.
If 10m cars are repoed that's something like 1 percent gdp per year, all economic growth now is car repos.
Posted Mar 12, 2020, 6:07 AM UTC
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If a car is repoed it counts as both consumption and inventory.
If 10m cars are repoed that's something like 1 percent gdp per year, all economic growth now is car repos.
Posted Mar 12, 2020, 6:07 AM UTC