Huge bankruptcies for used car firms have exposed Wall Street’s entanglement with the sector. Far from derisking after the Great Recession, banks rebuilt the economy on obscure financial intermediaries that are now sinking.
They’re already doing that around here. A new build housing estate that’s barely been up three months already has homes for sale for about £50k more than they were new.
They’re already doing that around here. A new build housing estate that’s barely been up three months already has homes for sale for about £50k more than they were new.