So if you look at, you know, underneath the belly, if you look at what's happening with credit card debt or auto debt and the Default rates that are rising significantly, particularly to those that are, you know, in the lower, you know, bottom quarter of, you know, economic earnings. they're being crushed by inflation. And you know, it's so sad. I was with a younger person and this young gal came up to me and said, I'm working two jobs, I work all the time and I'm still having to live with my parents. (07:23–07:36)
CLAIM
Asserts that default rates are rising significantly among the lowest economic earners.
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