Economic News
The One Trillion Dollar Consumer Auto Loan Bubble Is Beginning To Burst
Posted: 06 Sep 2016 04:42 PM PDT By Michael Snyder: Do you remember the subprime mortgage meltdown from the last financial crisis? Well, this time around we are facing a subprime auto loan meltdown. In recent years, auto lenders have become more and more aggressive, and they have been increasingly willing to lend money to […]
War Is Coming And The Global Financial Situation Is A Lot Worse Than You May Think
By Michael Snyder, on July 13th, 2016 On the surface, things seem pretty quiet in mid-July 2016. The biggest news stories are about the speculation surrounding Donald Trump’s choice of running mate, the stock market in the U.S. keeps setting new all-time record highs, and the media seems completely obsessed with Taylor Swift’s love life. […]
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