15% of new cars by end 2022 have $1,000 or higher payments, indicating poor financial decisions.

July 5, 2023 4:02 pm by CWR

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15% of new cars sold near end of 2022 have a $1,000 or higher car payment.

A $700/mo car payment is a bad idea.

A $1,000/mo car payment is a horrible idea. pic.twitter.com/UFyoALCXN6

— theficouple (@theficouple) July 5, 2023

See also FOMC Minutes: "The staff provided an update on its assessment of the stability of the U.S. financial system and, on balance, continued to characterize the system's financial vulnerabilities as notable." "Hedge fund leverage reached its highest level since 2013." Ruh-roh...

See also This yield curve inversion is WORSE than 1929 and 2008. A complete financial cleansing is overdue. Danielle DiMartino Booth: We are witnessing history

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