The Fed’s Massive Debt Bubble in Picture Form
As we’ve been outlining over the last few weeks, the auto-loan industry is increasingly looking like Subprime 2.0: the needle that will pop the credit bubble. Since 2009, roughly 1/3 of all new auto-loans have been subprime. That in of itself is bad, but we are now discovering that the industry in general has a
The post The Fed’s Massive Debt Bubble in Picture Form appeared first on Gains Pains & Capital.
Source: http://gainspainscapital.com/2017/05/11/feds-massive-debt-bubble-picture-form/
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