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Brown Cafe UPS Forum
UPS Union Issues
Inflation
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<blockquote data-quote="Brownsocks" data-source="post: 5742299" data-attributes="member: 68379"><p>The consumer is driving the economy with a record 17 trillion in consumer debt? That's a scary thought.</p><p>My guess is government is driving an inflated and deceptive GDP.</p><p>185,000 home foreclosures through mid year.</p><p>Highest number of car repossessions in 3 decades.</p><p>8% mortgage interest (estimate of 5% in 2025)</p><p>5-7% new/used car intrest rate for good credit.</p></blockquote><p></p>
[QUOTE="Brownsocks, post: 5742299, member: 68379"] The consumer is driving the economy with a record 17 trillion in consumer debt? That's a scary thought. My guess is government is driving an inflated and deceptive GDP. 185,000 home foreclosures through mid year. Highest number of car repossessions in 3 decades. 8% mortgage interest (estimate of 5% in 2025) 5-7% new/used car intrest rate for good credit. [/QUOTE]
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