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Daily Archives: February 23, 2016
Subprime auto loans: trouble for banks and investors
Who could of seen this one coming? See: More subprime borrowers are falling behind on their auto loans. High margin pick up trucks ‘sold’ (more like borrowed) with little to nothing down were the epicenter of profits (or was it … Continue reading
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Shilling: “central banks irrelevant”
Gary Shilling, president at A. Gary Shilling & Co., and Chris Verrone of Strategas Research Partners, discuss the failures of central bank monetary policy, global currencies devaluing against the U.S. dollar, and the strengthening of the Japanese yen. Here is … Continue reading
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