Economic collapse news. Waves of bankruptcies have begun among sub prime auto lenders. This is mirroring a problem we saw in mortgages during the sub prime mortgage collapse. Small non bank lenders crash first as interest rates rise and sales slump the driver of growth has been low interest rates now the time to pay has come and delinquencies are skyrocketing. Payrolls disappointed economists especially as work force participation hits the lowest levels since the 70s<br />...<br /><a href="https://www.youtube.com/watch?v=ZvM5AwzXtq8" target="_blank" rel="nofollow">https://www.youtube.com/watch?v=ZvM5AwzXtq8</a>