Fund Manager says “fog a mirror test” car loan applicants are tapped. We find ourselves at the onset of Debt Armageddon. From Dave Kranzler of Investment Research Dynamics July auto sales was a blood-bath for U.S auto makers. The SAAR (Seasonally ManipulatedAdjusted Annualized Rate) metric – aka “statistical vomit” – presented a slight increase for July […]
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