Latest / Eurodollar University
HOLY SH*T! More Subprime Lenders Just Collapsed (Something BIG Is Happening)
We have a couple more names to add to our fast-growing list of shadow banking casualties. And, yes, collateral is once again the common theme. One of them is of course in subprime auto financing, but that’s just another canary in the credit coalmine. The other has been accused of fabricating half a billion of collateral invoices. Half a billion. Fake collateral.
Eurodollar University's Money & Macro Analysis
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What if your gold could actually pay you every month… in MORE gold?…
The skinny
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