Ya, a lot of people are way overextended, and the economy is failing , auto dealers are getting record repos right now , some just drive it back to the lot, think about it , average price is 70 Grand for just about any basic car. Almost house payments. And any slight fluctuations in intrest payment increases credit card debt. I could go on, the inflation is realistic to be 10% and the truth is most people have both parents working , if one loses their job it's over. I lived through NAFTA and watched Dayton Ohio become a ghost town over night. You could buy his and her Harleys for cheap. I lost everything , these hard times are coming and I'm ready this time, hope everyone else is too , this ride will be worse.
Ya, a lot of people are way overextended, and the economy is failing , auto dealers are getting record repos right now , some just drive it back to the lot, think about it , average price is 70 Grand for just about any basic car. Almost house payments. And any slight fluctuations in intrest payment increases credit card debt. I could go on, the inflation is realistic to be 10% and the truth is most people have both parents working , if one loses their job it's over.