A record 7 million Americans have stopped paying their car loans, and even economists are surprised

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Published : February 21st, 2019
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Business Insider/Tanza Loudenback

“The fact that a record number of Americans aren’t making those payments is ‘usually a sign of significant duress among low-income and working-class Americans,’ Long wrote.”

USAGOLD note:  That’s a pretty big number and a big red flag that this economy might not be what many think it is.


Repost from 2-15-2019

Read the rest of the article at USA Gold
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