MAY 2, 2017
ORIGINAL SOURCE: Sub-Prime 2.0: Is This The Needle That Will Burst the Bubble? by Graham Summers of gainspainscapital.com on 5/2/2017
The consumer is tapped out. It seems everything is a bubble stretched to the max from the stock market, housing market, credit card debt over $1Trillion since 2008 recession and defaults at 4 year highs. Now it's the subprime debt in auto's that could tip the whole thing over.
Please read the rest here; Sub-Prime 2.0: Is This The Needle That Will Burst the Bubble?