Auto loan delinquencies just hit a 15-year high. Consumers are skipping car payments, signaling deeper financial stress. Markets haven’t priced it in yet.
I don’t know what’s factually wrong in the article but what I can say is that any article I’ve read in Forbes in the last 10+ years on subject matter that overlaps with my areas of expertise they’ve been garbage. It’s a pay-for-play clickbait publication and it has been that way for a long time.
Car payment delinquency is up among young people but mortgage payment delinquency is flat even with sky high prices and rates. So what? It’s not 2007 where people think the economy is going to stay hyperbolic forever, everybody on the planet knows that shit sucks right now. It’s a miracle that the wheels have stayed on as long as they have and this frankly isn’t an indicator that they’re finally coming off.
This is a filler article to try and drum up engagement for engagement’s sake and you can bet your ass if I had to write something this meaningless I’d use chat gpt too. Now if it was something important I’d do it myself because I would want to show off to a future employer that I have a shred of talent in my body and that I’m not an dramatically more expensive equivalent of somebody in an Indonesian cube farm.
So, we’re back to LLMs have nothing to do with anything here, and Forbes has been able to produce low quality content just fine without them.
Car payment delinquency is very much an important statistic, because as the article correctly points out, you need a car to go to work in most parts of the US. If you lose your car, you lose your job and then you lose everything else. Meanwhile, mortgage delinquencies are not flat. This is the kind of stuff you’d learn if you actually followed these things instead of just hand waving https://www.investopedia.com/mortgage-delinquencies-rise-faster-than-other-loans-11765607
I guess you have provided ample example that you can give chatgpt a run for its money by writing a whole thread that’s grammatically correct, but devoid of all substance.
I don’t know what’s factually wrong in the article but what I can say is that any article I’ve read in Forbes in the last 10+ years on subject matter that overlaps with my areas of expertise they’ve been garbage. It’s a pay-for-play clickbait publication and it has been that way for a long time.
Car payment delinquency is up among young people but mortgage payment delinquency is flat even with sky high prices and rates. So what? It’s not 2007 where people think the economy is going to stay hyperbolic forever, everybody on the planet knows that shit sucks right now. It’s a miracle that the wheels have stayed on as long as they have and this frankly isn’t an indicator that they’re finally coming off.
This is a filler article to try and drum up engagement for engagement’s sake and you can bet your ass if I had to write something this meaningless I’d use chat gpt too. Now if it was something important I’d do it myself because I would want to show off to a future employer that I have a shred of talent in my body and that I’m not an dramatically more expensive equivalent of somebody in an Indonesian cube farm.
So, we’re back to LLMs have nothing to do with anything here, and Forbes has been able to produce low quality content just fine without them.
Car payment delinquency is very much an important statistic, because as the article correctly points out, you need a car to go to work in most parts of the US. If you lose your car, you lose your job and then you lose everything else. Meanwhile, mortgage delinquencies are not flat. This is the kind of stuff you’d learn if you actually followed these things instead of just hand waving https://www.investopedia.com/mortgage-delinquencies-rise-faster-than-other-loans-11765607
I guess you have provided ample example that you can give chatgpt a run for its money by writing a whole thread that’s grammatically correct, but devoid of all substance.
Damn. You are so dense and argumentative on purpose.
I have only noticed you make two posts. Both were AI slop, and one was pure disinfo that was deleted.
None of your comments are interesting or insightful. They are all extremely irritating to read.
I am blocking you. For everyone else’s sake. I really hope you just go into read-only mode. It’s been truly awful reading any of your thoughts.
🤡