We have mafuckas putting almost nothing down on 84 month car loans with 'negative equity' rolled in. Rinse and repeat. It's all AAA rated, baby.
I may be too obsessed with the auto market lately, but the shit is brewing.
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There will be early warning signs. Personally I plan to default on my 2 year loan for a taco bell dinner before the 10 year loan on my used car.
Lol the bells are ringing