The End of Extend & Pretend: Consumers Cut Off | Laks Ganapathi

It's the end of Extend and Pretend. Laks Ganapathi, the founder and CEO of Unicus Research, joins me to talk about the severe crisis that is brewing in all corners of consumer credit. From Student Loans to Buy Now Pay Later and even auto loans, we are seeing increasingly strapped consumers unable to access more credit and lenders are under increasing stress due to a surge in delinquencies and defaults despite their best efforts to hide the truth from the investing public. Now that tariffs are here, there may be no avoiding a severe consumer credit crisis.Visit the Unicus Research Website: https://www.unicusresearch.com/Subscribe to Unicus Research on Substack: https://substack.com/@contrarianunicusFollow Unicus Research on Twitter(x): https://x.com/UnicusResearchSupport the Channel on Patreon: ⁠⁠⁠⁠⁠https://www.patreon.com/NobodySpecialFinance⁠⁠⁠⁠⁠Support the Channel by Buying Me a Coffee ⁠⁠⁠⁠⁠https://www.buymeacoffee.com/nobodyspecial⁠⁠⁠⁠⁠Subscribe to Nobody Special on YouTube: ⁠⁠⁠⁠⁠https://www.youtube.com/@NobodySpecialFinance⁠⁠⁠⁠⁠Follow Nobody Special on X(twitter): ⁠⁠⁠⁠⁠https://x.com/JG_Nuke⁠