Home » markets » Credit Markets Are IMPLODING—Another Subprime Lender Just Went BANKRUPT!

Credit Markets Are IMPLODING—Another Subprime Lender Just Went BANKRUPT!

They dismissed Tricolor and First Brands, but now another subprime lender, PrimaLend, just filed bankruptcy after defaulting on bonds which is a clear indication we are headed towards the next subprime meltdown!

Credit to : Steven Van Metre

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