consumer credit
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Oct 15, 2025 by Andrew Ross Sorkin · across every show →
Everything said about consumer credit, oldest first
Oct 15, 2025 neutral
General Motors Auto Loans Normalized American Consumer Debt In 1919
“It wasn't till 1919 that people were even started to think about taking on debt or anything like that in the country to then go trade. It was really a function of General Motors, by the way. General Motors started loaning money to people to buy cars. That was,…”