The Next Great Recession Isn't Housing... Its FAR Dumber.
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The next Great Recession may not start with housing, it could start with something far dumber. Americans taking out massive, long-term loans for luxury pickup trucks they can barely afford. This video examines the growing auto loan bubble, where $1,000+ monthly payments, 84-month financing, high interest rates, and rapid depreciation are leaving millions of drivers underwater. We look at why trucks like the Ford F-150, GMC Sierra, and other premium pickups have become financial traps, while cheaper entry-level vehicles quietly disappear from dealer lots. But the bigger danger is hiding on Wall Street. Risky auto loans are being bundled into asset-backed securities, allowing lenders and investors to profit even when borrowers default and their vehicles are repossessed. Subprime delinquency rates are climbing, inventories are piling up, and some lenders are already collapsing. Unlike the 2008 housing crash, losing your truck may not destroy the banking system overnight, but it can dest
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