Wealthy Way Why the Auto Loan Crisis Could be a Threat to Your Finances
Sep 22, 2024
The discussion spotlights the looming auto loan crisis, drawing parallels to the 2008 housing collapse. Listeners learn about tightening bank lending practices and the struggles of consumers with bad credit. The conversation connects the auto loan and real estate markets, exploring how rising interest rates impact both sectors. Additionally, there’s an analysis of government interventions and their potential to worsen affordability issues. The push for U.S. manufacturing is highlighted as a key factor for economic stability.
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