Independent thinking for complex markets and current events
More than 10,000 veterans lost their homes to foreclosure since May of last year, when the Trump administration shut down a key safety net in the VA home loan program, according to the latest industry data. That is the highest pace of foreclosures for VA loans in a decade. Another 90,000 vets are heading toward …
US student borrowers who were steered into costly forbearances from affordable repayment plans by former federal loan servicer Navient could soon receive a check in the mail more than a year after the Consumer Financial Protection Bureau (CFPB) reached a $120 million settlement with the lender. Although the CFPB has yet to share the number …
🚨 BREAKING: 🇺🇸 SBA investigators report uncovering $8.6 billion in fraudulent loans in California. The agency says over 111,000 borrowers were involved. In Minnesota, nearly 7,000 borrowers allegedly defrauded $400 million.pic.twitter.com/2mJcqIqWQ4 https://t.co/SZjlFQrwTp — Mario Nawfal (@MarioNawfal) February 20, 2026 Factcheck: SBA Inspector General investigations found: $8.6 billion in fraudulent EIDL and PPP loans tied to …
Q4 2025 student loans transitioning to 90+ days delinquent surged to +14%, a level never seen before in history. pic.twitter.com/OIBZin9gx1 — Financelot (@FinanceLancelot) February 10, 2026 CREDIT CARD STRESS IS SURGING: 12.7% OF CREDIT CARD LOANS ARE NOW 90+ DAYS DELINQUENT, THE SECOND-HIGHEST LEVEL EVER, SURPASSED ONLY DURING THE AFTERMATH OF THE GLOBAL FINANCIAL CRISIS …
Roughly a million borrowers defaulted on their federal student loans late last year, with millions delinquent on their payments and sliding toward the same fate. That’s according to federal data and the latest Household Debt and Credit Report from the Federal Reserve Bank of New York, which dropped on Tuesday. The report includes student loan …
🚨 BREAKING: The DNC is walking into 2026 with $14M cash and $17.5M debt while the RNC sits on $95M cash, $0 debt. This is political malpractice, not “momentum.”pic.twitter.com/BxpvndSEXu — Derrick Evans (@DerrickEvans4WV) February 6, 2026
Our entire market and economy is a house of card of debts — ZeroSumTruths (@ZeroSumTruths) January 26, 2026 Meanwhile: TD Cowen had a data center themed analyst letter today that said that Oracle may lay off 20-30,000 people or sell Cerner to keep up with the debt on the data centers it’s building for OpenAI. …
U.S. car loan applications are being rejected at the highest rate in more than a decade 🚨🚨 pic.twitter.com/eGVthWpyRJ — Barchart (@Barchart) January 25, 2026 Record missed car payments are fueling concerns about the health of subprime auto lenders, with recent high‑profile bankruptcies and elevated delinquencies suggesting systemic credit stress beyond just rejection rates. https://www.bloomberg.com/news/articles/2025-11-14/record-missed-car-payments-fuel-angst-over-subprime-auto-lenders
#KeyTakeAwaysHistorical data from previous cycles (1990, 2001, 2008, 2020) suggests a consistent sequential breakdown in credit performance. • Record Threshold: Subprime 60-day delinquency at 6.65% is the highest level since data collection began in the early 1990s •… pic.twitter.com/j1nsuZZ9dZ — DeltaSage (@deltasage_ai) January 14, 2026
The Trump administration will start garnishing the wages of student loan borrowers in default in early January, a spokesperson for the U.S. Department of Education confirmed to CNBC on Tuesday. It will be the first time a portion of borrowers’ paychecks has been at risk since the beginning of the Covid pandemic, when collection activity …
This fall, typical new car broke $50,000 barrier; ‘We don’t have $300 monthly payments any longer’ The price of new cars and trucks in the U.S. has increased 33% since 2020, and consumers are piling on interest as they stretch out loan terms to eight, nine and nearly 10 years. David Kelleher, who runs a …
The European Union has agreed to indefinitely freeze Russian central bank assets worth around 245 billion dollars, moving closer to securing a long-term financial lifeline for Ukraine amid the ongoing war. The decision removes the need for renewals of sanctions every six months that risked vetoes from Kremlin-friendly member states and follows Russia’s central bank …
https://t.co/0ixVWy974N https://t.co/ftEJ0Te2T5 — Lord Bebo (@MyLordBebo) December 9, 2025 🇺🇦🇬🇧 BREAKING: BRITISH SOLDIERS HAVE BOOTS ON THE GROUND! Russians hit him, they just came up with a lame excuse. First official casualty in Britain. pic.twitter.com/YvGJOezIBz — Lord Bebo (@MyLordBebo) December 9, 2025 🇺🇦 Lights go out during the anthem … very symbolic for Ukraine pic.twitter.com/NlgFGY6ujL …
American man finances a $111,916 Dodge Ram and pays $1,898 a month. After 84 payments, the total hits $159,464 He pays $47,548 EXTRA in interest This isn’t “financing”, it’s usury pic.twitter.com/P0pD8c9PJr — redpillbot (@redpillb0t) December 7, 2025 Auto loan interest rates of 6–10% are common and usually legal under U.S. usury laws, which often exempt …
“Nearly 12 million federal student loan borrowers are behind on payments, according to new Education Department data. 5.5 million are in default, mostly from before the pandemic. Another 6 million are delinquent, with most over 270 days past due and headed toward default. An additional 6.7 million are in forbearance from Biden’s SAVE plan litigation. …
An American finances a $111,916 truck and pays $1,898 a month. After 84 payments, the total hits $159,464 — for the SAME truck. He pays $47,548 EXTRA. This isn’t “financing” — it’s legalized robbery. If you need an 84 month loan, then you can't afford the car. — Jack Bravo (@JackBravo365) November 23, 2025
Repo-pocalypse: Banks Are Quietly Borrowing from the Fed Again Like It’s 2020 The Fed injected $125 billion into the banking system in just five days — its largest short-term cash rescue since the 2020 crisis. Banks are tapping the Fed’s repo window at pandemic-era levels, a signal that liquidity may be thinning faster than expected. …
The economy is booming, if you are the tow truck driver. 00:00 Car Repos Explode to New Highs 07:17 Use Vehicle Sales Just Crashed By 25% 08:58 Real Life Viewer Inflation Story 11:55 Why the Dollar is Worthless Today 17:54 There’s No Way Out of the Mess The FED Created Subprime car buyers are …
After a summit of EU leaders, Belgian Prime Minister Bart De Wever complained he had not received answers to all his concerns about a groundbreaking plan to issue a €140 billion loan to Ukraine. Belgium held its ground during a summit of European Union leaders, preventing a breakthrough on an audacious plan to issue a …
Something ugly is happening inside America’s car market. The same people who turned chip shortages into record profits are now watching their own credit machine seize up. Automakers kept prices high, banks kept pushing loans longer, and everyone pretended buyers could keep up. Now the math has stopped working. The cracks started in the same …
Credit scores are collapsing faster than at any time since the Great Recession, and the warning lights are flashing across every corner of the economy. Millions are now falling behind on car loans, credit cards, and personal loans, revealing how fragile the so-called recovery really is. “Credit scores are falling at the fastest pace since …
Wall Street’s most powerful bank is walking a tightrope between innovation and instability.By the end of 2025, JPMorgan plans to let institutional clients use Bitcoin and Ethereum as collateral for loans—a radical integration of crypto assets into the traditional credit system that comes at a moment when the financial foundation beneath that system is starting …
They want hard collateral or U.S. government guarantees before finalizing the deal. A group of banks including JPMorgan Chase, $JPM, Bank of America, $BAC, and Goldman Sachs, $GS, is struggling to put together a $20 billion loan to Argentina without leaving themselves on the hook to the virtually bankrupt South American country, per WSJ — …
Thank goodness we have vigilant, hyper-competent stewards of our financial system such as Sens. Maxine Waters and Elizabeth Warren to ensure no systemic risks are allowed to threaten the solvency of our banks. What’s going on in the Corporate Junk Bond Levered Funds? 👀 @DowdEdward pic.twitter.com/9XLSpJ5kf4 — Will O'Hara, CMT (@WillOHara131) October 20, 2025 “Bank …
$200 Billion in frozen russian assets may finally reach Ukraine. The EU is preparing a creative plan: issue a “reparations loan” to Ukraine. Kyiv would only need to repay the loan once Moscow pays war reparations. Of course, everyone knows russia will never do that. But… pic.twitter.com/U95OY38bLD — Roman Sheremeta 🇺🇸🇺🇦 (@rshereme) October 2, 2025 …
The Trump administration has negotiated a deal with the American Federation of Teachers to expand and resume student loan forgiveness for several repayment plans TACO loans? #MacroEdge — MacroEdge (@MacroEdgeRes) October 19, 2025 Student-loan forgiveness is finally materializing for some borrowers under President Donald Trump’s administration. Earlier this October, federal student-loan holders enrolled in income-based …
WTF is a missold car loan? pic.twitter.com/zPJ79mXUY7 — Nobody Special (@JG_Nuke) October 7, 2025 US auto loan debt market suffers its biggest monthly loss since March 2020#MacroEdge — MacroEdge (@MacroEdgeRes) October 7, 2025 Something to seriously pay attention too. Not good. Is housing next? Auto and mortgage/rent are the first two things consumers pay because …
https://qz.com/credit-scores-tank-record-student-loan-delinquencies Borrowers are falling behind on their student loan payments at a record pace — and their credit scores are suffering the consequences, a new report found. More than 10% of consumers with a student loan on their credit file haven’t made a payment in more than 90 days, according to a credit trend report …
Delinquency rates are now ~1.5 percentage points above the 2008 Financial Crisis peak. At the same time, prime auto loan delinquencies rose to their highest in 15 years. Meanwhile, the total value of auto loans in the US jumped $13 billion, to a record $1.66 trillion in Q2 2025. An auto debt crisis is brewing. …
When the government gets involved they usually make the situation worse. Student loans 90+ days delinquent have exploded higher to heights never seen before. https://finance.yahoo.com/news/student-loan-delinquencies-are-on-the-rise-heres-why-184802465.html 12.9% of student loans are now in serious delinquency, the highest rate ever recorded. https://www.newyorkfed.org/newsevents/news/research/2025/20250513 The New York Fed admits the spike came from resuming reporting after a five-year pause. …