Subprime Auto Defaults Heading to 2008 Financial Crisis Levels, Portfolio Managers Warn
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Twisted Eagle (twistedeagle@noagendasocial.com)'s status on Tuesday, 09-May-2023 11:44:29 JST Twisted Eagle -
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Sir Nedwood - Sydney 🇦🇺 (ned@noagendasocial.com)'s status on Tuesday, 09-May-2023 11:44:29 JST Sir Nedwood - Sydney 🇦🇺 @TwistedEagle I don't understand why sub-prime auto loans are even a thing. Cheap cars exist. Cheap houses don't.
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Dude named Ben named Justin (justinerickson@noagendasocial.com)'s status on Tuesday, 09-May-2023 15:25:45 JST Dude named Ben named Justin @ned @TwistedEagle the cost of used cars skyrocketed here in the states. It was crazy. When we bought my wife’s car last year, they didn’t have any new cars to offer. It was an 8-12 week waiting period for a new car. But they had 4 two-year-old cars on the lot and they were asking more than the sticker price of a new car. Not sure if it is still like that or not. I know supply chain issues haven’t gone away.
But hey, at least some random grandpa got to live a little longer before dying alone.
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Sir Nedwood - Sydney 🇦🇺 (ned@noagendasocial.com)'s status on Tuesday, 09-May-2023 16:55:34 JST Sir Nedwood - Sydney 🇦🇺 @justinerickson @TwistedEagle yeah but I'm willing to bet you actual pay your debts.
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charliebrownau (charliebrownau@poa.st)'s status on Tuesday, 09-May-2023 17:00:25 JST charliebrownau @ned @TwistedEagle People often want overpriced cars
that they dont have all the dosh to pay upfrontIn conversation permalink -
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Sir Nedwood - Sydney 🇦🇺 (ned@noagendasocial.com)'s status on Tuesday, 09-May-2023 17:00:25 JST Sir Nedwood - Sydney 🇦🇺 @charliebrownau @TwistedEagle yes, but they shouldn't. At least the bank should not enable them.
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Sir Nedwood - Sydney 🇦🇺 (ned@noagendasocial.com)'s status on Tuesday, 09-May-2023 17:30:29 JST Sir Nedwood - Sydney 🇦🇺 @charliebrownau @TwistedEagle oh no I get it. I just don't think it should be so.
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charliebrownau (charliebrownau@poa.st)'s status on Tuesday, 09-May-2023 17:30:30 JST charliebrownau @ned @TwistedEagle Your missing the point
THEY WORK FOR THE ENEMY
just as the WHOLE ENTIRE Statist Governance system does
Statism is slavery for goyimIn conversation permalink -
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Dude named Ben named Justin (justinerickson@noagendasocial.com)'s status on Tuesday, 09-May-2023 18:43:21 JST Dude named Ben named Justin @ned @TwistedEagle ya. Subprime loans seem dumb for anything, and I agree it’s silly they exist for cars. I’m just saying that the used car market went crazy and I can see how lower income people couldn’t afford even a POS thanks to the handling of the pandemic causing supply chain issues.
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