Can you give me a summary of this whole car as savings thing? Is this one of those "doom and gloomer arguing with a notion that exists only in his imagination" occasions?
He claimed we were overleveraged. We linked him to the Fed report showing household net worth was $51 trillion. He claimed the government stats were wrong. Then he claimed a car wasn't an asset. Assets are only those things that give you positive cash flow, doncha know?
He's been ranting ever since. He even posted the correct definition and then ignored it. He's a slightly more unbalanced than average doom and gloomer.