Daily Archives: May 23, 2017

SubPrime 2.0 is proving far worse than even we suspected. If you’ve not been following this story, our view is that the auto-loan industry is Subprime 2.0: the riskiest, worst area in a massive debt bubble, much as subprime mortgage … Continue reading

Posted on by The Phoenix | Comments Off on Subprime 2.0: Lending a $1 Trillion to People With No Proof of Job or Income