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What The Heck's Going On With Vintage Automobiles?

Authored by Wolf Richter via WolfStreet.com, The fate of asset bubbles under the new regime. Everyone is hoping that next Friday and Saturday, at Sotheby’s auction in Monterey, California, the global asset class of collector cars will finally pull out of their ugly funk that nearly matches that during the Financial Crisis. “Hope” is the right word. Because reality has already curdled.
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