From someone who seems to know what they're talking about:
Background:
— CarDealershipGuy (@GuyDealership) December 16, 2022
Over the past 2 years, many people took out exorbitant loans on cars.
Car values were inflated (and frankly, still are to some extent).
But many people simply had no choice and bought an overpriced a car.
Well...
But there is no easy solution.
— CarDealershipGuy (@GuyDealership) December 16, 2022
You can't just put the genie back in the bottle.
This brings me to what happened this morning:
....MORE (thread)
HT: Sweet Meteor of Death (who, it appears, will be running for President once again)
Recently via SMoD: There Are Many Things I Can't Do...