• cantstopthesignal@sh.itjust.works
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    10 months ago

    There’s a 2008 style crash coming in the credit market for cars. There’s a lot of subprime loans and a lot of car companies that got into financing that shouldn’t have. Wait til they really get squeezed. Who am I kidding tho, they will just ask for a bail out.

    • Wrench@lemmy.world
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      10 months ago

      When beater 20 year old trucks can’t even be found for <$10k, you know somethings gotta give

    • SuckMyWang@lemmy.world
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      10 months ago

      And the best part is you who foresaw it and tried to warn everyone, will have to pay personally towards the bailout