sub prime car loan defaults—canary in a coal mine – #marketnews

[ https://jalopnik.com/subprime-car-loan-defaults-hit-an-all-time-high-in-febr-1848948546](https://jalopnik.com/subprime-car-loan-defaults-hit-an-all-time-high-in-febr-1848948546)

Car loan defaults hit 8.8 percent in February, a 15-year high, according to Equifax.

I suppose its good news, because the prices for used cars will be going down, so YAY.