Subprime Auto Implosion In Full Effect: Lenders Start Dropping Like Flies

We are in the midst of watching the subprime auto lending bubble burst in its entirety. Smaller subprime auto lenders are starting to implode, and we all know what comes next: the larger companies go bust, inciting real capitulation.

https://www.zerohedge.com/news/2018-04-08/subprime-auto-implosion-full-effect-lenders-start-dropping-flies

 

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