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Subprime Auto Bubble Bursts As “Buyers Are Suddenly Missing From Showrooms”

Subprime Auto Bubble Bursts As “Buyers Are Suddenly Missing From Showrooms” It was less than a month ago when we showed a series of “10 charts revealing an auto bubble on the brink“, and which laid out several very troubling trends, including i) the average new vehicle loan hit a record high $31,099; ii) the […]

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Will Trump Accept Responsibility When This Shitshow Implodes?

WILL TRUMP ACCEPT RESPONSIBILITY WHEN THIS SHITSHOW IMPLODES? Donald J. Trump has taken credit for making America’s economy great again. He’s been crowing about all the jobs being created, the soaring consumer confidence and record highs in the stock market. It’s all because the Donald has inspired Americans about our glorious future. But, a funny […]

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Donald Trump’s win ‘bad news for the auto industry,’ says David Dodge

Donald Trump’s win ‘bad news for the auto industry,’ says David Dodge Former Bank of Canada governor predicts factories could move south of the border A Chevrolet Cruze is assembled at General Motors’ Lordstown Assembly Plant in Ohio. Donald Trump’s goal of putting America first in trade agreements could be a problem for Ontario’s auto […]

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The Unnerving Thing Wells Fargo Just Said About the Auto Boom

The Unnerving Thing Wells Fargo Just Said About the Auto Boom American consumers are borrowing like never before to buy cars. It has been the reason why the US auto industry is intoxicated with its own exuberance. Last year, 16.5 million new vehicles were sold. This year, the industry hopes to breach the sound barrier […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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