hearing rumors that consumer finance is likely to implode by spring conduct yourselves accordingly
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hooo boy
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I don’t think that’s a systemic risk, it might be a company specific one tho. AFAIK Ø and median household balance sheets are in better shape now than they were before corona, so the risks are limited. The real danger is continued social discontent - but that’s addressable
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I've been reading things like this in ~2017, but maybe this time is different (unironically)
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i have no idea. hmm. interesting car prices and home prices are both spiking. don't know what to make of this.
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