consumer financing = credit cards, mortgages, auto loans implosion would be basically like what happened to housing in 08, severity probably not as bad, probably more concentrated among middle/lower middle/working classes just passing on rumorshttps://twitter.com/kevin_bowen/status/1335388370063638529?s=19 …
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i cannot reveal my source(s) but they're in a position to have good opinions about it
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people are losing their goddamn minds source has zero interest in politics and if anything is a boring social conservative whose last opinion was that they were freaked out by the riots and considering buying gunshttps://twitter.com/cmc_tony/status/1335706097492111364 …
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ELI5, what would it actually mean for consumer finance to implode?
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can anyone make this legible for the layman re; practical action
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just look at who came out ahead doing what last time if you want to keep things simple
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I have no idea what's safe
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quick footwork
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