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20 sats \ 1 reply \ @TomK OP 7 Aug \ parent \ on: Consumer Debt in the US Hits Record $17.8 Trillion in Q2 2024 news
yes i know the wording is a bit wrong. and investment is when the car is used commercially, but in my opinion also when you use it to get to work. otherwise it is of course private consumption
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47 sats \ 0 replies \ @Satosora 7 Aug
Its still a depreciating asset. A new car is never worth buying, just buy used.
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