Subprime Auto Loan Delinquencies Erupt Highest Rate On Record (Higher Than Great Recession)

23 October 2023

Bidenomics favors the top 1%, leaving the 99% struggling with low-wage jobs. A severe auto loan crisis looms, with delinquencies at a decades-high. Consumers face crushing debt and economic pressures, and a potential 2024 recession could worsen things. The Fed’s interventions are further destabilizing an already shaky economy.

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