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THIS IS A SCARY RED FLAG – CAR REPOSSESSIONS AND LOAN DEFAULTS WILL CRIPPLE ECONOMY (Jeremiah Babe)

December 19, 2022 10:34 am by IWB

The Used Car Bubble Bust Is Accelerating, Auto Lenders Are So Screwed

Tags cripple, defaults, economy, jeremiah, repossessions, scary

REP. SCHIFF: “We’ve got a big problem right now with social media companies and their failure to moderate content and the explosion of hate on Twitter, the banning of journalists on Twitter. […] If you’ll be responsible moderators of content, we will give you immunity.”

AirB&B housing speculators ran up the price of housing for everyone, and ruined the quality of life in thousands of residential neighborhoods. Now communities are starting to fight back against STRs, which is going to force millions of f*cked borrowers to dump these “investments” at a loss.

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