N-gated Hacker NewsOct 17
🚗💸 Oh no, Americans are #defaulting on auto loans! Must be because they finally realized buying a car you can't afford isn't actually a good investment. Who knew? 🙄
https://www.theguardian.com/business/2025/oct/17/us-car-repossessions-economy #autoLoans #financial #literacy #badInvestments #carBuying #HackerNews #ngated
‘Finances are getting tighter’: US car repossessions surge as more Americans default on auto loans

Wall Street sounds alarm over strain throughout car lending market as experts warn of potential risks for wider economy

The Guardian
jordanNov 27, 2023

I hope the actuaries at banks are paying attention to this. Seems to me that it would be pretty risky loaning money to cops if they can fail to pay and still keep the collateral. Loaning money to cops is a bad investment, with no recourse for the lender.

https://www.tiktok.com/t/ZT8fxRj9y/

#cops #acab #banks #cars #loans #collateral #badinvestments

Crime Related on TikTok

Tow Truck Driver Arrested For Trying To Repossess Cop's Car #towtruckstories #towtruckdriver #copsoftiktok #crimestoryobsession #crimeobsession #truecrimestorytime #truecrimesontiktok #fyp #crimerelated #truecrimestory #crimecommunity #truecrimestories #truecrimecommunity #crimeobsessed

TikTok
bnftsftwMar 18, 2023

Imagine having such shitty investments that bitcoin is the safe alternative.

https://markets.businessinsider.com/news/currencies/bitcoin-is-benefiting-from-cryptos-flight-to-quality-matrixport-1032175246

#bitcoin #crash #badinvestments

Bitcoin Is Benefiting From Crypto’s Flight to Quality: Matrixport

Bitcoin Is Benefiting From Crypto’s Flight to Quality: Matrixport

markets.businessinsider.com
Larry NeufeldDec 4, 2022
Note to the Liberal govt & Canadian banks: IT’S THE END OF OIL: Blockbuster IEA Report Urges No New Fossil Development @[email protected] @[email protected] @[email protected] @[email protected] #FossilFuels #badinvestments #Canada @[email protected] @[email protected] https://www.theenergymix.com/2021/05/19/its-the-end-of-oil-blockbuster-iea-report-urges-no-new-fossil-development/
IT’S THE END OF OIL: Blockbuster IEA Report Urges No New Fossil Development

No new investment in oil, gas, or coal development, a massive increase in renewable energy adoption, speedy global phaseouts for new natural gas boilers and internal combustion vehicles, and a sharp focus on short-term action are key elements of a blockbuster Net Zero by 2050 report released Tuesday morning by the International Energy Agency (IEA).

The Energy Mix