Is the end nigh?

Further:


When people buy a car from Carvana, a loan originates from the retailer, but it then sells those loans to other companies. Its primary buyer for those auto loans was Ally Financial, but the bank has since pulled back on its partnership. This may be in part because Carvana’s underwriting practices on those loans have been historically suspect. Hindenburg notes that Wells Fargo—a company that has mastered the art of scammy financial dealings—called off a partnership with Carvana in 2019 because “Their underwriting practices were not something that we were particularly comfortable with.”

When Wells Fargo calls you suspect...lol
 
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Also, retail store closures are up 69% this past year. 10,000 plus stores closed. 100,000s of thousands lost jobs. Many of those job loses were offset by holiday season hires at other companies, but those jobs will now start ending.

It's probably going to be a rough first quarter on Trump's watch. The funny part is he'll be blamed for it when in fact he had absolutely nothing to do with it.
 
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