Perfect Storm Arrives: "Massive Wave" Of Car...

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2022-12-18 02:02:02 - Translate -

"This morning I discovered something *extremely* alarming happening in the car market, specifically in auto lending. I'm now convinced that there is a massive wave of car repossessions coming in 2023,"
https://www.zerohedge.com/markets/perfect-storm-arrives-massive-wave-car-reposessions-and-loan-defaults-trigger-auto-market

"This morning I discovered something *extremely* alarming happening in the car market, specifically in auto lending. I'm now convinced that there is a massive wave of car repossessions coming in 2023," https://www.zerohedge.com/markets/perfect-storm-arrives-massive-wave-car-reposessions-and-loan-defaults-trigger-auto-market

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Perfect Storm Arrives: "Massive Wave" Of Car Repossessions And Loan Defaults To Trigger Auto Market Disaster, Cripple US Economy

"I've been a doubter, but after what I saw this morning, I'm now FULLY convinced that a wave of car repossessions will hit in early/mid 2023. If lenders are willing to backstab each other in order to put more loans on the road, we're in trouble."

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