The Subprime Auto-Lending Credit Bubble Is Bursting

The Subprime Auto-Lending Credit Bubble Is Bursting

We have commented a few times on the slightly diffuse character of the echo bubble, which has infected a great many nooks and crannies of the economy. One of the areas which has experienced an enormous boom was the sub-prime auto loan sector. It seems however that the party in this sub-sector of the bubble economy is in the process of ending.

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