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Re:The Average New Car Loan Is Now over 70 Months by bjoli on Sunday August 30, 2020 @12:16PM (#24323781)
Who is surprised? I have with the inequalities of Western society only growing, and interests being reidiculously low, a large part of the population is financing their consuming with loaned money.

We have spent the last 30 years making the rich richer (and boy are they good at piling that money up), and the people who are supposed to have the purchasing power to drive demand have seen an ever shrinking part of the created wealth, and thus have to use loans.

I am scared of what normalized interest rates will do.

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