The Next Financial Crisis Might Be in Your Driveway
February 21, 2017 6:46 AM Subscribe
[U.S.] auto debt hit a record in the fourth quarter of 2016, according to the Federal Reserve Bank of New York, when a rush of year-end car shopping pushed vehicle loans to a dubious peak of $1.16 trillion. ... It’s an alarming number, big enough to incite talk of a bubble.
This thread has been archived and is closed to new comments