THIS IS A SCARY RED FLAG – CAR REPOSSESSIONS AND LOAN DEFAULTS WILL CRIPPLE ECONOMY (Jeremiah Babe)
The Used Car Bubble Bust Is Accelerating, Auto Lenders Are So Screwed
repossessions
Massive Wave of Car Repossessions Coming in 2023?
Very interesting Twitter thread from guy in the business Background: Over the past 2 years, many people took out exorbitant loans on cars. Car values were inflated (and frankly, still are to some extent). But many people simply had no …
Auto Repossessions Skyrocket as Biden’s Economy continues to slide off the cliff
Car Repos Are Exploding. That’s a Bad Omen. https://www.barrons.com/articles/recession-cars-bank-repos-51657316562 AC