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Neural Foundry's avatar

Dimon's cockroach metaphor cuts deep when you look at the numbers. The fact that subprime auto delinquencies are hitting historic highs now tells you something about real economic conditions that emploment stats miss. The negative equity trap is brutal when average payments jumped from $550 to $760 while wages stayed flat.

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Merc's avatar

especially the heavily altered financial stats put out by this self-censoring administration

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Merc's avatar

without a car a lot of these people cannot get to work - problems will cascade

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