A record 7 million Americans are 90 days or more behind on their auto loan payments, the Federal Reserve Bank of New York reportedTuesday, even more than during the wake of the financial crisis.
Economists warn that this is a red flag. Despite the strong economy and low unemployment rate, many Americans are struggling to pay their bills.
A car loan is typically the first payment people make because a vehicle is critical to getting to work, and someone can live in a car if all else fails. When car loan delinquencies rise, it is usually a sign of significant duress among low-income and working-class Americans.
Todays doodles are Myras personal Horse Acting Guide! 🐴
DISCLAIMER: im not a horse expert, but i’ve been hobby riding for 13 years and read some books through the years, so it’s just my personal experience. I dont know everything and people have different ways!
Statue of Antinous as Osiris, ca. 130-200 AD, from Canopus, Nile Delta, Egypt.
After the deification of his drowned lover Antinous, the new savior god Antinous-Osiris became popular and images of his likeness were erected across the empire. His worship offered a sense of community and the promise of transformation after death. Antinous is shown here in a traditional Egyptian pose and royal dress. Antinous-Osiris was believed to have healing powers and his veneration lasted long after the death of Hadrian.