Title: Perfect Storm Arrives: "Massive Wave" Of Car Repossessions And Loan Defaults To Trigger Auto Market Disaster, Cripple US Economy Source:
[None] URL Source:https://www.zerohedge.com/markets/p ... n-defaults-trigger-auto-market Published:Dec 17, 2022 Author:Tyler Durden Post Date:2022-12-17 21:16:08 by Horse Keywords:None Views:75
"I've been a doubter, but after what I saw this morning, I'm now FULLY convinced that a wave of car repossessions will hit in early/mid 2023. If lenders are willing to backstab each other in order to put more loans on the road, we're in trouble."