2019-02-06 11:48:23

Will Subprime Loans in the Auto Industry Cause the Next Crash?

In 2008 a huge financial crash was caused because of toxic assets related to subprime loans.

Unfortunately, Subprime loans are back.

Those same subprime loans, also known as predatory loans are being utilized by the auto industry, and one caller explains that many are unable to pay them back already.

Will Subprime Loans in the Auto Industry send us racing towards the the Next Crash?

You better buckle up

2008 Auto Industry Auto loan Debate Economy Politics Predatory loans Subprime loans The Thom Hartmann Program Thom Hartmann

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