For years, when Harley Davidson was booming I wondered "where is the money coming from to buy all these things?" They are very expensive discretionary items, and I doubted some of the "owners" could really afford > 20k to buy them. Looks like the HD bubble was a bit like, and related to, the housing bubble.
Details here http://articles.moneycentral.msn.com/Investing/Extra/more-troubles-for-harley-davidson.aspx.
Talbot’s Syndrome
1 year ago
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