Lee Duna@lemmy.nz to

News@lemmy.worldEnglish · 2 years ago

An Auto Loan Debt Crisis Looks Imminent

www.automoblog.net

cross-posted to:
collapse@lemmit.online

274

An Auto Loan Debt Crisis Looks Imminent

www.automoblog.net

Lee Duna@lemmy.nz to

News@lemmy.worldEnglish · 2 years ago

cross-posted to:
collapse@lemmit.online

Car loan debt has ballooned, delinquencies are still rising, and major lenders are leaving the market. Is an auto loan debt crisis coming soon?

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Krauerking
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2 years ago
But… But price only go up?
The sky daddy book of economics says price only ever goes up and concentrated wealth is a good thing
- sodiumbromley@lemmy.blahaj.zone
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  This is what my partner and I call a “state’s right to what” problem. The centralized wealth says that centralizing wealth is good. Centralizing wealth is good for whom, Mr. Finance?

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