The Subprime US Economy

79Au19779Au197 Gold ✭✭✭✭✭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.


http://www.zerohedge.com/news/2016-07-22/subprime-us-economy-disintegrating-due-subprime-auto-housing-bond-energy-debt
Tagged:

Comments

Sign In or Register to comment.