A mere $100k will buy you a passport from St. Lucia with visa-free access to 130 countries. 🤔
Month: April 2018
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Whoa. Major Bitcoin short squeeze
Collateralized subprime loans. Sounds familiar. Exposure analyzed by WSJ to be nearly $345 billion.
Subprime auto lenders filing for bankruptcy at highest rate in over 20 years.
“Summit Financial Corp, when it filed for bankruptcy on March 23, disclosed that it owed Bank of America $77 million. This loan was secured by the auto loans Summit had extended to subprime customers, who’re now defaulting in large numbers.”
The Federal Reserve continues to unwind its assets. $74 billion, counting mortgage backed securities.
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No shit. Fire them all
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