but if people are buying more cars with cash that wont make a difference. carvana doesnt hold the note. they just need to move the inventory. it's no different than mortgage lending. they dont hold the note. they service the loan after packaging it into a security and selling it off to investors for pass through fees. if their sales or margins are up or cash buyers are back the fact that lenders or note holders are facing a notable but not concerning enough amount of delinquencies (more likely than pure default) is not going to matter if it ever should.

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I wish I could answer with more details, but frankly this is enough for here. As a side note, take it easy. Not sure what's the 'excitement' about. All I have said is factual (and kind of my area of expertise). I am not going to spill private beans for you.

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It's okay. Most people don't know about the bomb that's ticking in private credit/equity. Mark my words though, their debt will be our next 2008. It would have gone off by now but they petitioned to open up people's 401ks to vest in scheme to buy time and that just got approved. It's pretty vile if you know about what's going on there. On that note if you have a 401k make sure you change it to being self managed to protect yourself a bit

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Got banned from the bitcoin reddit. 🤌 Note from the moderators: Bitcoin isn't a pyramid scheme. Division is not the same as multiplication. Copying Bitcoin's source code does not duplicate it. Trolling is a violation of this subreddit's rules. It doesn't matter that you're trolling from your own ignorance. Now go find somewhere else to troll.

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Hey, send the note to the 1% to step it up.  They are the one and only consumer business is focused on, right?  Let them know to “do more.”

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Sell when you're up. Follow me for more tips. On that note attaboy

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Lol, I just upgraded to a refurbished Samsung Galaxy Note 20 Ultra last week, what are they complaining about?! Seriously, this last Note is great! $1000 less than the rehashed flagship phones they come out with every year.

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Rofl anyone who actually thinks AI will replace software developers are drinking the Kool-Aid and are in for a huge surprise. Side note, I may or may not have nearly threw my pc over the balcony yesterday because AI sent me in circles for an hour, on a problem that took me 5 minutes to research and fix myself.

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It’s a note that the unveil will happen on Monday, two days from now… we don’t know the details yet.

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Note the X-axis is a log scale https://preview.redd.it/ekghg1iumw2g1.jpeg?width=1956&format=pjpg&auto=webp&s=fa5ea8e2c34888bde91c415767a4274fe66f3e1d

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