Auto Repossessions Skyrocket as Biden’s Economy continues to slide off the cliff

Source: https://youtu.be/SpuMDLxOjS4?t=7
Published: Jul 11, 2022
Author: Mike Rivero
Post Date: 2022-07-11 23:57:06 by Horse
Views: 130

Poster Comment:

Repos are up more than 100% this year.

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#1: Horse    To: All (#0)

The next subprime bubble is about to burst as subprime auto loan delinquencies are surging which is threatening to turn into a financial crisis that will topple small and mid-sized banks. According to Jeff Snider, the employment situation is only going to get worse.

Banks loaned more than the value of the car. They are in trouble.

Horse posted on 2022-07-12 01:11:18   Reply   Private Reply