A New Financial Bubble

Number of Pages 3

Car collecting began in the Great Depression when individuals restored their cars, then established clubs. That style was continued until the inception of classic car auctions in the 1970s. Given today's values and prices, many believe classic cars are in a financial bubble. The essay discusses this global market, how it began, how is has been maintained and sustained, and forecasts for the market. The writer comments on how this bubble affected some other goods. There are five sources used in this three page paper.

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