You might have noticed that everything is getting more expensive lately, especially new cars. Even used cars are going up in price, and not everything can be blamed on chip shortages or supply chains. Repossessions are up as the rate of profit falls and financialization squeezes the working class more and more. Are 84 month car loans the canary in the economic coal mine? Is the recession already here? We do our best to answer with the help of Marxist economic analysis.
Main topic at 37:50
Email us with tips, stories, and unhinged rants: carsandcomrades@gmail.com //
Our social media links etc: www.linktr.ee/CarsAndComrades //
Music by King Gizzard & the Lizard Wizard: www.kinggizzardandthelizardwizard.com/polygondwanaland //
Links/Sources:
https://jalopnik.com/this-damning-report-on-car-loans-is-the-scariest-thing-1847964178
Eat The Rich podcast about Carvana: https://soundcloud.com/eattherichpod/ep-095-carvana
Guerilla History / Rev Left podcast with Richard Wolff: https://guerrillahistory.libsyn.com/the-economics-of-imperialism-and-inflation-w-richard-wolff
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En liten tjänst av I'm With Friends. Finns även på engelska.