Bloomberg’s Paige Smith and Scott Carpenter join this episode to talk about why the subprime auto loan market is thriving—and what that means for lower-income car owners who face high interest rates and the possibility of losing their vehicles.
Read more: How Wall Street Makes Millions Selling Car Loans Customers Can’t Repay
Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK
Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.

An AI So Powerful Anthropic Kept It From the Public
19:49

Kevin Warsh Makes His Case for Fed Chair
18:46

China’s Tech Grip Threatens India’s Manufacturing Ambitions
19:01