– Carmageddon: Deep Subprime Auto Delinquencies Spike To 10-Year Highs
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The man who trades freedom for security does not deserve nor will he ever receive either. – Benjamin Franklin
Here it comes…..
https://wolfstreet.com/2018/04/08/subprime-carmageddon-specialized-lenders-begin-to-collapse/
How come we responsible sceptics knew this would happen, yet the ‘with it know it all’ lenders carried on lending anyway?
Must be a helluva mark up!