Record-Breaking Auto Repos Signal Major Crisis (Video)
In this 12 October 2025 video, host Michael Bordenaro talks about how record-breaking car repossessions in 2024, at 1.73 million, indicate a major financial crisis fueled by high interest rates, inflated car prices, and the end of pandemic relief programs. This surge signals deep consumer stress, with delinquencies and defaults rising to pre-2008 financial crisis levels and affecting both subprime and mid-tier borrowers. The situation is further highlighted by the bankruptcy of a major subprime auto lender.
https://youtu.be/-k6oT49crfQ
00:00 Rising Car Repossessions and Subprime Auto Loan Delinquencies
05:21 Warning Signs and the Stock Market
06:24 Personal Bankruptcies on the Rise
09:13 Reasons for Personal Bankruptcy in 2025
10:15 Former US Comptroller: Inflation Is Worse Than Reported
12:18 CPI Is Outdated and Irrelevant to Consumers
13:25 The CPI Has Been Broken For A Long Time
14:55 Inflation Is Worse Than What We’ve Been Told
16:06 Purchasing Power Reduced Dramatically
17:44 Hulu Shutting Down After 20 Years
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Whistler Blowers, Insiders
Could be true. A punk had his brand new car repossessed at night, right in front of my house. Use to make noise with this machine, miss park it and was a general nuisance.
Rule No. 1 Don’t buy any vehicle you can’t pay cash for.
Rule No 2 Don’t buy any vehicle you can’t fix yourself……..which also means don’t buy any vehicle made after 2000.