And if someone can’t afford a car, and they live within a car-centric area of the world, and they can’t afford to move?

Maybe they make a gamble and buy a car with the hope it will be an investment, and provide them with more income…

But when interest rates have been at near zero for over a decade, and now they have shot up - it could upset quite a lot of finances!

Even better:

Free cloud storage that doesn’t require an account and provides no limit to the volume of data stored

https://github.com/yarrick/pingfs

Warning: water turned into wine. This functionality is deprecated and may not be your intention. It will be removed in the year 50AD update .

Totally, however, to play devil’s advocate of that… There is only so much inventory that these companies can hold. It’s similar situation to house price crashes. Banks are left with too much stock.

However, with property, banks can rent them out… Maybe we will see a huge industry of second hand rent-from-large-corporation-and-never-own-anythings popping up soon…

Stay at home Wear a subnet? Wear a mask? Wear a class A network?

If you remember 2008, it wasn’t the bank execs that were burned, it wasn’t even really the bank employees that were burned (although some did lose their jobs)

It was everyday people that lost their homes, their jobs, their lives.

I’m all for a bit if chaos in the name of redistributing wealth, or resetting some madness that has worked it’s way into society, but I don’t think this is it

I don’t know mu h about USA student debt, I’m in the UK. That does sound pretty different

I was trying to point out how a wide spread auto loan defaults could have far reaching consequences

Where it gets spicy is:

Buying (financing) a new car, and then having it repossessed at half the purchased value (still 50%) debt to pay

If people have cars repossessed en mass, the second hand car market will be affected, prices for used cars go down (because the supply goes up). This makes repossessions not cover the whole loan, see above point

Finally, as more and more Americans no longer have access to cars, they also lose access to… A lot of society (work, education, healthcare). If this affects a large enough percent of the population, there will be macro effects.

At birth babies should be working 5 jobs to pull themselves up by their bootstraps. No more handouts from mummy milkers! Bring back mandetory conscription for newborns! The market will provide, this toddler was homeless because the government is too large, and there is too much regulation!

Sacrifice humans to the sacred alter of Exxon

The oil must flow!

Sails and kites on cargo ships is a cool idea. But why not electric?

• Cars can be electric
• Rockets, tough, but they could be (hydrogen from electrolysis of water)
• planes, so far - batteries seem to heavy, but maybe one day
• trains, electric
• boats, I’m sure the cargo will be reduced - but just get more boats.

Tax oil/gas/plastic at a tiny tiny amount (0.0001%) per unit, and increase it every quarter (maybe even in line with global co2 production, or global temps, if you want some people to feel what the earth is feeling)

This gives business time to de-hydrocarbon, and as stated above - there are already non hydrocarbon solutions

Government mandated prohibition:

• funding crime wars
• killings
• shootings
• and much more suffering