Subprime is securitized into ABS derivatives that’s reminiscent of mortgage-backed securities that were responsible for the Great Financial Crisis.
Tag: Auto Industry
New Car Sales Plunge as Affordability Tanks and Repos Spike
Deteriorating supply vs. demand in the auto industry and warnings about indebted plebes with car loans slated for the delinquent parking lot.
Canada’s Freedom Convoy Challenging Pandemic Tyranny Goes Global
Politicos on both sides of the U.S.-Canada border did not appear too concerned until critical crossings were blockaded by truckers and farmers.





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