The First Domino In the Subprime Auto Loan Sector Falls.
#interestrates #derivatives #default #abs
Today we will look at a recent article on Zero Hedge about American Car Center, a subprime auto loan provider that has recently gone into liquidation.
We will also look briefly at what happened in 2008 with the subprime mortgage crisis and the derivatives that came very close to bringing the whole financial system down.
Subprime Auto Lender And Used Car Retailer Collapses As Distress Cycle Finally Arrives: https://www.zerohedge.com/markets/subprime-auto-lender-and-used-car-retailer-collapses-distress-cycle-finally-arrives
Asset-Backed Security (ABS): What It Is, How Different Types Work: https://www.investopedia.com/terms/a/asset-backedsecurity.asp
SWIFT REFUNDS- If you are a Mobile Worker in the U.K. you could be eligible for a tax rebate from HMRC. To find out click on this link: https://www.swiftrefunds.co.uk/maneco64/
Where to buy Precious Metals:
North America
Miles Franklin Precious Metals Investments: send an email to info@milesfranklin.com and mention Mario or maneco64 or call on 1-800-822-8080
ITM TRADING, INC. ✅ Click Here For A FREE Gold & Silver Wealth Strategy Call With Lynette's Team ➡ https://calendly.com/itmtrading/maneco64 or call 866-989-4368
In the U.K.
Use promo code maneco64 to get a 0.5% discount on physical gold and silver bullion purchases at https://www.goldinvestments.co.uk/
GlintPay App, Save and Spend in Gold - Use referral code MarioGlint79
https://glintpay.com/
SUPPORT the Channel:
Teespring Store: https://www.youtube.com/channel/UCAvSnci_3qHF_7c2LQnP_wg/store
PayPal: https://www.paypal.me/maneco64
Patreon: https://www.patreon.com/maneco64
DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning at no cost to you I earn a commission if you click through and make a purchase. However, I only recommend products or services that I believe in.
-
LIVE
Right Side Broadcasting Network
7 days ago🔴 WATCH LIVE: President Donald Trump Speaks at Republican National Convention in Milwaukee (7-18-24)
13,900 watching -
LIVE
Matt Kohrs
10 hours agoBiden Quits, Trump Dominates & Payday Friday || The MK Show
929 watching -
LIVE
Wendy Bell Radio
3 hours agoPresident For All
2,042 watching -
UPCOMING
jeffahern
25 minutes agoFriday Freak out with Jeff Ahern (Trumpamaniacs!)
-
58:43
The Nima Yamini Show
16 hours agoTank Sinatra X Ashley Mae X Nima Yamini
4.48K5 -
18:16
Man in America
19 hours agoBREAKING: MASSIVE Shorts on $DJT Stock Day Before Assassination Attempt [CLIP]
13.1K49 -
16:30
GameLeap RAID Shadow Legends
16 hours agoTop 10 BEST FREE CHAMPIONS You MUST GET in Raid: Shadow Legends 2024 (Legendary and Epic)
4.01K3 -
37:21
Destene and Brandon
15 hours agoDoctors Visits, Weird Cravings, Amazon Skincare Haul | Destene and Brandon | VLOG
3.07K1 -
31:02
ThatStarWarsGirl
14 hours agoWoke NIGHTMARE! The Acolyte Is Absolutely INSANE!
4.88K5 -
11:10
Guns & Gadgets 2nd Amendment News
1 day agoBREAKING: Supreme Court Addresses Assault Weapons Ban & Sensitive Places Ban
5.71K17