KaiBear said:FLBear5630 said:KaiBear said:canoso said:boognish_bear said:UNITED STATES: Estimated 1.73 million vehicles were repossessed in the country last year, the most since the Global Financial Crisis, according to Cox Automotive. pic.twitter.com/G0YRsRTWH2
— The Spectator Index (@spectatorindex) November 9, 2025
Since repossession of anything is the natural consequence of unpaid debt, President Trump is doing his best to help we the people repossess our country.
My construction loan banker always claimed car repossessions was the most accurate assessment of the economy.
And these numbers are very bad.
Might be time for me to sell the final third of my stock portfolio.
Where would you go instead? International? Bonds?
For the short term……cash.
Possibly buy another house as prices continue to drop.
The wild card is that Trump will lower interest rates the moment he replaces the Fed chairman in a few weeks.
I hope so bc that will juice crypto big time. I think BTC has another big blowoff top that runs to near 150 then it will sell off and pull back under 100k probably down to the 80s. Ethereum should also see new all time highs and go up over 5 to maybe 7ish.
