- Joined
- Oct 12, 2016
- Threads
- 139
- Messages
- 2,544
- Reaction score
- 2,058
- Location
- Westchester, NY
- Vehicle(s)
- JLU Sahara
- Banned
- #61
I get this. Many a thread I've started has taken a turn or two off from what I hoped. I'm sorry for that. But intelligence's (the topic) child is wisdom and pretty much useless (intelligence that is) when we don't put it to making good decisions.Well heck, as the OP I really thought I was complementing Jeep owners. I did not mean to get into any financial discussions. I've read here where members solder diodes and resisters into wiring harnesses they hand made. Come up with all kinds of cool mods to fix issues. Troubleshoot and fix complex mechanical and electrical problems...…. All in all, I think Jeep owners are resourceful and mechanical geniuses..
That we are overleveraged as a society, that many people are buying/financing/leasing JL's (vehicles) they really can't responsibly afford, and further blinging them "to the nines," quite literally mortgages their future with a Moody's rated loan of near junk bond status.
Buying a JL you can't afford, and blinging it, sadly, IS a JL topic. I wish it weren't.
Perhaps Wall St will bundle all this crappy debt into a security, and package it as something greater in value the its constituent loans (it won't be). It's not like they didn't try it a decade ago.
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