#Subprime #auto deliquency (60-day) is at a 22 year high. This is when credit charge offs and delinquency rates among smaller banks are surging.
But, remember: the unemployment rate is under 4 percent. What happens when it doubles? #fed $GM $F $KRE $XLF
http://www.investmentwatchblog.com/this-is-the-beginning-of-the-crisis-nobody-will-notice-until-the-big-100-banks-see-same/
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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