ilmscore | Prediction Details
"eventually people will lose the ability to spend on their credit card and if home sales start to slow even more eventually home equity starts to stop Rising maybe even starts to fall a little bit... that can push people's ability to keep spending much lower and if People's ability to spend starts to go lower well then people can't keep swiping people can't keep buying and if people can't keep buying that's what slow downs slows down the economy"
By Minority Mindset | October 30, 2023 | Pending
From video
The Auto Loan Bubble Just Got Worse 00:09:01 - 00:09:43
Interpreted Prediction
A potential economic slowdown is anticipated as consumers' ability to spend on credit cards and home equity diminishes, leading to reduced purchasing.

Prediction Details

Topic
Economic Slowdown

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