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The Subprime 2.0 Debt Bubble is About to Burst

Interest-Rates / Global Debt Crisis 2017 Jun 08, 2017 - 04:52 AM GMT

By: Graham_Summers

Interest-Rates

As we’ve been outlining for weeks now, Subprime 2.0 is the subprime auto-loan industry. And just as the collapse in the subprime mortgage lending was what signaled the beginning of the housing crisis… trouble in the subprime auto-loan industry will be what signals that the next Debt Crisis is here.


On that note… subprime auto-loan defaults are soaring, hitting 11.96%. The last time they were anywhere near these levels was in early 2008 right before the credit crisis hit.

Even worse, the subprime auto-loan industry is just the tip of the iceberg for our current debt bubble.

All told the world has added $57 TRILLION in debt since 2008… bringing the total debt in the world to $217 TRILLION.

That’s means that globally the world is sporting a Debt to GDP of 325%.

And when this Debt Crisis begins, Central Banks will be powerless to stop it as they’ve already used up most of their ammunition during the 2008 Crisis.

A Crash is coming… and it’s going to horrific.

And smart investors will use it to make literal fortunes from it.

To pick up a FREE report outlining how to profit from the coming crash…

CLICK HERE NOW!

Graham Summers

Phoenix Capital Research

http://www.phoenixcapitalmarketing.com

Graham also writes Private Wealth Advisory, a monthly investment advisory focusing on the most lucrative investment opportunities the financial markets have to offer. Graham understands the big picture from both a macro-economic and capital in/outflow perspective. He translates his understanding into finding trends and undervalued investment opportunities months before the markets catch on: the Private Wealth Advisory portfolio has outperformed the S&P 500 three of the last five years, including a 7% return in 2008 vs. a 37% loss for the S&P 500.

Previously, Graham worked as a Senior Financial Analyst covering global markets for several investment firms in the Mid-Atlantic region. He’s lived and performed research in Europe, Asia, the Middle East, and the United States.

© 2017 Copyright Graham Summers - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Graham Summers Archive

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