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Re: Don't Show This Chart To Experian: Subprime Auto Delinquencies Hit Highest Level Since 2010 

By: capt_nemo in POPE IV | Recommend this post (1)
Wed, 24 Feb 16 7:34 AM | 19 view(s)
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Msg. 04104 of 47202
(This msg. is a reply to 04098 by Decomposed)

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I have been reading the problem is all the debt..............Everything else plays it roles as well...... Others peoples money comes to mind. Plastic LOL




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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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Re: Don't Show This Chart To Experian: Subprime Auto Delinquencies Hit Highest Level Since 2010
By: Decomposed
in POPE IV
Wed, 24 Feb 16 4:24 AM
Msg. 04098 of 47202

Nemo,  

re:Your 0 hedge chart…

That's an interesting chart. Unlike in 2010 when most of our economic maladies were derivatives of the 2006 housing collapse, I don't know what the driving force is for the current problems. The failure of Obama's economic policies? The collapse in oil prices? A depression in the global economy?

I'm thinking all of the above and perhaps some other problems too. It's bad news. If the cause isn't readily apparent, then the Fed is unlikely to have a quick solution. I also suspect that the Fed is running low on bullets. REALLY low on bullets.

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