Sep 16 2015
How subprime loans keep the bubble going: Subprime auto loans continue to grow as credit worthy customers drop out of the market.
Low interest rates create an environment that encourages debt based spending. In regards to monetary policy, this is how you grease the wheels to get the economic engine spinning. As part of your financial arsenal this can be used in moderation but the Fed has been using maximum credit leverage since the economy imploded and […]