re: I can’t help but think a lot of people driving newer cars with upside down loans

The consumer is breaking. Credit lines are drying up. Inflation is just about at the point where people can’t afford to live.

Banks are revising credit lines down and consumers are still maxing them to maintain their same standard of living.

Millions of people are 10k or more upside down on cars with loans that cost them $750 per month for 72 months.


Once the credit runs out, businesses are going to see their revenues plummet, they will then lay off, creating a downward spiral.


Pay off your debt, get on a budget, acquire new career skills quickly. I’m not saying it’s the apocalypse coming but the economy is about to take a big major shite. People have been living above their means for too long.