The Next Subprime Crisis Has Already Started
January 16, 2015 at 05:00 AM EST
Reading about what's going on in the subprime auto lending space is a lot like reading about drive-by shootings. Unless you're a subprime borrower, or live in a neighborhood where drive-bys are happening, you probably don't know much about either - or think they affect you. But if you listen closely there's muffled financial "gunfire" already in your neighborhood. And it's much closer to your doorstep than you think. The post The Next Subprime Crisis Has Already Started appeared first on Money Morning - Only the News You Can Profit From .