Recovery Agent or “repo man” Jeff Grevelding prepares to tow a vehicle after its owner fell behind in loan payments in Syracuse, N.Y. on March 7, 2012. (John Moore/Getty Images) More Americans are falling behind on their car payments at the highest rate since the Great Recession over a decade ago.
A combination of the Federal Reserve’s interest rate hikes and high inflation has taken a toll on car owners nationwide.
A rise in auto repossessions has been sweeping the country, a bad sign for the U.S. economy, as it faces signs of a looming recession.During the pandemic, many car buyers […]
Article Source: www.theepochtimes.com
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
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