dollarcollapse.com / John Rubino / July 30, 2017
What’s the last big toy you buy when things have been good for a really long time and you already have all the other toys? An RV, of course. A completely idiotic thing to own if you already have a house, but when the good times seem likely to roll on forever, why the hell not?
And what’s the first thing you sell when you lose your job and your stocks are tanking? That very same RV. Which makes new RV sales a useful indicator of our place in the business cycle.
What does it say now? Here you go: