Pawn shops are booming. One Valley broker says that’s a red flag

For many people, a pawn shop is a place to turn when money gets tight. For longtime pawn broker Michael Adler, it’s also a window into the health of the economy.

And right now, he says the view is concerning.

“Tragic,” Adler said when asked to describe the economy in a single word. “2008 was real bad during the housing market crash, but this is much worse.”…

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