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Related: https://www.telegraph.co.uk/business/2025/10/20/americans-cant-afford-cars-any-more-wall-street-worried/ https://www.telegraph.co.uk/business/2025/10/2
by candiddevmike 1y ago
Related: https://www.telegraph.co.uk/business/2025/10/20/americans-cant-afford-cars-any-more-wall-street-worried/ https://www.telegraph.co.uk/business/2025/10/20/americans-ca...
Wonder what the spillover effects will be of the auto lenders collapsing. With how much we love to repackage debt to earn a few bucks, there could be a ton of financial instruments intertwined with defaulted auto loans.
On the plus side, if everyone has their vehicle repossessed, maybe it will encourage more public transit and bike lanes.
- KumaBear 1y agoI fear we live in an age where government will throw any amount of taxpayer money to end any collapse in the markets.
- joncrane 1y agoDoes someone have a non-paywalled version of that article?
- zerosizedweasle 1y agohttps://archive.ph/ahg9K https://archive.ph/ahg9K