Explicit
A Look Back: The Auto loan Bubble Is Going To Pop
Oct 18, 2022 ·
14m 55s
Download and listen anywhere
Download your favorite episodes and enjoy them, wherever you are! Sign up or log in now to access offline listening.
Description
Concerning numbers have been coming in about the automotive loan bubble and how it was in jeopardy of popping for months and now that the numbers are starting to become...
show more
Concerning numbers have been coming in about the automotive loan bubble and how it was in jeopardy of popping for months and now that the numbers are starting to become clear, it's obvious that we are headed for a big time problem. With borrowers being leveraged by inflation, gas prices and basic day to day costs running hot with inflation, a lot of those borrowers who had discretionary cash during the pandemic, are now finding themselves in a position that leaves them no other choice but to default on their car notes. As the fears of recession slowly become reality, we are looking at a serious, serious issue just over the horizon.
(commercial at 8:27)
to contact me:
bobbycapucci@protonmail.com
source:
https://www.msn.com/en-us/autos/news/car-repossessions-on-the-rise-as-average-price-hits-47-000/ar-AAZsL44?ocid=msedgntp&cvid=869f0de5924d44df9fa2fb44372e9108
show less
(commercial at 8:27)
to contact me:
bobbycapucci@protonmail.com
source:
https://www.msn.com/en-us/autos/news/car-repossessions-on-the-rise-as-average-price-hits-47-000/ar-AAZsL44?ocid=msedgntp&cvid=869f0de5924d44df9fa2fb44372e9108
Information
| Author | Bobby Capucci |
| Organization | Bobby Capucci |
| Website | - |
| Tags |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company
Comments