The Subprime US Economy

79Au19779Au197 Posts: 4,047 Gold ✭✭✭✭✭
An interesting article by SRSrocco Report which includes an analysis of the Shale Oil Industry and the debt incurred by the oil industry …

Unfortunately, the coming collapse of the U.S. economic and financial system will be orders of magnitude greater than what took place in 2008. Why? Because we just had a subprime housing market in 2008, whereas the entire U.S. economy today is SUBPRIME.... Subprime Auto, Housing, Bonds & Energy.


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