117
Americans can’t afford their cars any more and Wall Street is worried (www.telegraph.co.uk)
submitted 2 days ago by grue@lemmy.world to c/fuckcars@lemmy.world
14 comments fedilink hide all child comments

cross-posted from: https://lemmy.world/post/37630345

If only we had invented and built some sort of alternative mode of collective transportation. Maybe it could be in tunnels and ride on metallic rails. It would serve many people and make periodic stops to the same locations instead of the highway clusterf- we have today. Sad that we don't, but a man can dream though. A man can dream though. A man can dream.

you are viewing a single comment's thread
view the rest of the comments
[-] BreakerSwitch@lemmy.world 27 points 2 days ago

While your take is generally valid, Americans defaulting on car loans is one of the biggest events indicating oncoming recession. Since so many Americans need their cars to work, they only lose them when things are getting bad

[-] pohart@programming.dev 7 points 2 days ago

It's not like the cars will be scrapped. They'll still exist and will hopefully be resold to other people who need to get to work.

Your point is correct anyway, though. Car defaults precede widespread layoffs and unemployment.

this post was submitted on 21 Oct 2025
117 points (100.0% liked)

Fuck Cars

13599 readers
285 users here now

A place to discuss problems of car centric infrastructure or how it hurts us all. Let's explore the bad world of Cars!

Rules

1. Be CivilYou may not agree on ideas, but please do not be needlessly rude or insulting to other people in this community.

2. No hate speechDon't discriminate or disparage people on the basis of sex, gender, race, ethnicity, nationality, religion, or sexuality.

3. Don't harass peopleDon't follow people you disagree with into multiple threads or into PMs to insult, disparage, or otherwise attack them. And certainly don't doxx any non-public figures.

4. Stay on topicThis community is about cars, their externalities in society, car-dependency, and solutions to these.

5. No repostsDo not repost content that has already been posted in this community.

Moderator discretion will be used to judge reports with regard to the above rules.

Posting Guidelines

In the absence of a flair system on lemmy yet, let’s try to make it easier to scan through posts by type in here by using tags:

Recommended communities:

founded 2 years ago
MODERATORS
toaster@slrpnk.net
grue@lemmy.world
Toaster1@lemmy.world