If you wish to action:
Object being modified by the action
Then please send an email request to [email protected].
I had to reupload this video, because I dont have enough problems wasting my time.
In this video I am talking about the stupidity and corruption of the lending industry, how it favors open ended credit, unsecured by anything of value (cars, phones, credit card purchases), and limits real estate purchase, that do have a real value.
This is a very serious problem that is severely limiting upward mobility and keeping people in generational poverty.
Other than that, all is great.
Happy New Year (except to google with their horrible instructions that DO NOT WORK!)
Automobile loan delinquencies in the United States are starting to jump higher as we see overall auto loan delinquencies jump to the highest levels since 2012 while subprime auto loan delinquencies are performing even worse with late payments spiking to the highest since 2010! The too-big-too-fail banks are again leading the charge of lending to borrowers with lower credit scores while credit unions and smaller banks are being more cautious with lending to subprime borrowers. Some banks are making subprime loans at over 20%, the profit spread is too good to pass up, especially when the taxpayers are ultimately there to bail-out corporations with that engage in careless lending.
Also, please help our channel grow by clicking like, commenting, sharing our videos and subscribing to our channel. Come back here for more videos on: housing news, investing tips, business and financial news, Precious metals, cryptocurrencies, housing bubble and real estate market analysis, stock trading, market timing, and lots more.
Thank you to all viewers and subscribers. I apologize that I do not typically have time to answer questions that are posted in comments.
Also, I cannot offer specific investment advice due to the complicated and detailed nature of everyone's personal, unique financial and life situations. Although I usually include sources, charts, data, and links to the subject matter in my videos, the views expressed in my videos are often "one man's opinion" and should not be taken as financial advice, in any way. I urge you to seek professional counsel and for everyone to do their own due diligence prior to making any significant decisions regarding financial and investment matters.
Coming soon ...