Author: W.

Whoa. Major Bitcoin short squeeze.

It’s happening.

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Collateralized subprime loans. Sounds familiar. Exposure analyzed by WSJ to be nearly $345 billion.

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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.”

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Highest level of bankruptcies since 2011.

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The Federal Reserve continues to unwind its assets. $74 billion, counting mortgage backed securities.

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No shit. Fire them all.

Liquidate.

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Even Ashish from India figured it out. Americans really are the dumbest people on Earth.

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Get ready boys, we gonna be greeted as liberators.

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