July 24, 2018 02:14 pm PDT
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/Itnl7j_1uKU/subprime-2-point-0.html
America's economic growth has come from subprime borrowing by the poorest 60%
Normally, economic expansion is driven by more spending by the wealthy, and you'd think that 2018 America, where the wealthy are wealthier than they've ever been, would be dependent on the few people with ready cash as engines of economic growth. (more…)
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/Itnl7j_1uKU/subprime-2-point-0.html
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