Prof. Richard D. Wolff joins The Big Picture RT Thom Hartmann's to discuss the status of subprime auto loans and whether we’re headed towards a financial crisis.
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Has the Economy Hit a New Crisis Milestone? - RT
August 23, 2017
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No one with good credit wants a new car anymore.
Late stage capitalism needs more and more debt but it is difficult now to motivate it voluntarily.Only disaster, crisis and fraud can provide the amoung of new debt needed.