Late car payments hit highest level in decades-
https://thehill.com/business/5183840-late-car-payments-record-high/
With so many Americans living in places that need a car to live and work, that’s an awful lot of people right on the brink.
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I’m worried about how many are on the brink of living in their cars, moving them around to avoid all the overnight parking restrictions and repo efforts that are probably much more efficient with all the tech baked into newer vehicles. Increasing fines for non-moving violations and criminalization of camping (if the vehicle is lost) also puts them at risk for incarceration. 
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One of Spouse’s “shadow indicators” of looming recession is the fact that the proportion of cars on the road with un-repaired minor damage is way up. If you’re trying to scrape by, you don’t invest the $$$ in getting that fender fixed (or even risk increasing the cost of your insurance coverage by claiming it).
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During the 2008 crisis, the one thing that 
's did not default on was their car payments.
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The Liberal Redneck talks about recent market turmoil, Elno, and Tesla:
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If you think the current outlook is bad, just wait until the White House can’t find anyone to buy its debt, warns Ray Dalio
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You know what really scares me about this? What often happens when you see this kind of economic collapse is just how much the violence ends up turning inward toward vulnerable populations, or just whoever is deemed “the problem”… Things are looking nasty now, but they could look even worse with a complete and total collapse of our economy.
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This is a really interesting read, especially about the physical handling of Gold!
(It also reminds me of a couple of films.)
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That’s a shame.
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A Secret Mortgage Blacklist Is Leaving Homeowners Stuck With Unsellable Condos
Fewer homes can get Fannie Mae-backed mortgages, a response to Surfside condo collapse and insurance crunch
https://www.wsj.com/finance/regulation/condo-sales-home-insurance-crisis-a921362b
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I wonder if there’s a similar list for other HOA managed homes? We still haven’t sold the house in New Jersey, and aren’t even getting nibbles. It’s not a condo, but it’s in a 55+ community.
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More reasons why “punishing China” will actually just hurt Americans
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We just finally got a purchase offer on our house in New Jersey. The people buying it currently live in Florida. Our house in NJ is in a 55+ community, so these people are likely retirees moving back from Florida to New Jersey, and I’d bet a lot that insurance costs/availability are a big part of the reason why they’re moving.
Part of me thinks that people like Elon Musk actually want this shit to collapse. I think he thinks that people like him (super rich) will be ok regardless of what happens with climate change or the economy. That it will kill off most of the population, but leave the world for the super wealthy, and they can just live in a new Eden with robots and AI doing all the work while the super rich just live a life of leisure. Of course, I hope this doesn’t happen, but if it does, he will be in for a shock. He’ll be wandering around in rags trying to figure out how to turn the power back on, then catch a horrible disease from all the rotting corpses, and die alone. That’s assuming he survives the violence that will be inevitable in the collapse of society that happens before that. Man, maybe I’ve read and watched too much dystopian fiction.
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That last part. Starving humans generally don’t quietly just die. They try very hard to stay alive, and if they can’t, to take down those they blame for their situation. This is a big chunk of why, i suspect, they are trying to pin the blame for the collapse on immigrants, minorities and LGBTQ+. Anybody but the billionaires actually responsible.
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This is why footage from the town halls and gatherings organized by Bernie Sanders and AOC give me hope. The people are expressing anger against Elno and other billionaires while chanting, “Tax the rich!” In addition to being hit in the wallet, the wealthy are surprised because everyone isn’t falling for their blame game bs.
My bet is that he and his ilk will flounce first, and leave the ruins to the rabble. They’ve got private jets, mega yachts, and bunkers in remote places. 
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Sure, but at some point, those remote bunkers will lose power, or water filtration, or something, and they won’t have a fucking clue how to fix it. They imagine that the AI and robots will be able to maintain everything, but they’re wrong about that.
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