“Those who are able to see beyond the shadows and lies of their culture will never be understood, let alone believed, by the masses.” - Plato
Seeking Truth in a World of Propaganda. Links do not necessarily indicate agreement with stories or perspectives.
Wednesday, July 13, 2022
Canary In The Car Mine: Repos From Auto Loans That Originated In 2020 And 2021 Are Skyrocketing
If you're looking for proof that we're already in the midst of a meaningful deleveraging, look no further than car repos. In fact, the industry is a "underappreciated ticking time bomb", according to Barron's.