One auto dealer says he bought a Bentley, McLaren and two Aston Martins from two buyers, now in default, who used PPP money for down payments.

Poster Comment:

SEE CHART. We are already in a recession. One of my favorite economists said, "We can determine the severity of a Depression by how many Unpayable Debts have to be cancelled."

We have a few hundred trillion in bad debts to cancel. And then there are the quadrillion dollars in derivatives that will be triggered.