More and more Americans are using buy now pay later loans… Millennials and Gen Zers are quietly working second jobs as they live paycheck to paycheck

by BoatSurfer600 Source: Yaliberty Instagram Everything is fine … Forget quiet quitting. Millennials and Gen Zers are quietly working second jobs as they live paycheck to paycheck You’ve heard the stereotypes about millennials and Gen Z in the workforce. There’s …

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Hindenburg is now shorting IEP bonds. Carl Icahn owns 85% of the stock and is using 65% as collateral for his margin loans.

by chrislink73 Source: https://www.reuters.com/business/finance/hindenburg-says-icahn-enterprises-failed-address-concerns-shorts-its-bonds-2023-05-11/ ​ What are Carl’s options to fight this? With the Feds investigating IEP and shorts continuing to pile on, he will need to do more to directly address the concerns of shareholders and right the ship. Carl’s …

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John P. Hussman: ‘Why do cash reserves, not new loans, dominate the increase in M2 over the past decade? Why were banks enticed into accumulating Treasury securities that have led to massive balance sheet losses?’

Why do banks have $8 trillion in uninsured deposits? Why do cash reserves, not new loans, dominate the increase in M2 over the past decade? Why were banks enticed into accumulating Treasury securities that have led to massive balance sheet …

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Elon Musk: Auto Loans Could Be Source of ‘Biggest Financial Crisis Ever’,and these same people that took out these big loans are now ‘underwater.’ They owe banks more on these cars than they are worth, the banks are well-aware of the problem.

The automotive market may be under stress as several experts call for a massive wave of repossessions in early 2023, with prominent figures like Tesla founder Elon Musk and Ark Invest’s Cathie Wood sounding the alarm about the potential impact on financial …

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Student loans paused until June

The Biden administration announced that it will extend the payment pause on federal student loans while its forgiveness plan remains blocked in the courts. Federal student loan bills were scheduled to resume in January. The administration’s move comes in response …

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Feels like 2007 shit… Large banks aren’t able to fully offload junk loans to money managers

Feels like 2007 shit Large banks aren’t able to fully offload junk loans to money managers pic.twitter.com/BckAgPP2IO — Alessio (@AlessioTMAD) September 21, 2022 ANALYSIS-Europe energy crisis may deepen with looming liquidity crunch | NASDAQ https://t.co/CJ1ynoLM9h — Alessio (@AlessioTMAD) September 21, …

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Deep-Subprime & Subprime Auto Loans Miraculously Cleaned up by Credit-Score Inflation

by Boo_Randy More bankster tricks to get the sheeple deeper into debts they’ll never be able to repay. Credit-score inflation throws a monkey wrench into the calculus of credit risk. https://wolfstreet.com/2022/08/29/deep-subprime-subprime-auto-loans-miraculously-cleaned-up-by-credit-score-inflation/ A miracle in American consumerism happened during the pandemic, …

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