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/biz/ - Business & Finance

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>> No.12409515 [View]
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12409515

https://on.mktw.net/2D5eQQJ

Extreme cost cutting combined with slowing demand are big signs of profitability problems with near term consequences. With higher interest rates unexpectedly bad profit can potentially lead to defaults, which in a highly leveraged industry like auto could cascade.

The auto industry is probably the biggest threat to financial stability right now, better pay attention closely.

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