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Published

Car Repos Rise 23% YoY

Summary by The Gilmer Mirror
The private debt crisis is becoming apparent in America after car repossessions jumped 23% during the first half of 2024. Data shows that 1.6 million Americans will have their car repossessed by the bank before the end of the year, a slight increase from the 1.5 million autos repossessed in 2023 and a drastic upturn from the 1.1 million in 2021. Read more: Authored by Martin Armstrong via ArmstrongEconomics.com,
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