At least in 2008 they could foreclose on something’

Amy Nixon @texasrunnerDFW · How about that “strong” retail sales data

Amy Nixon @texasrunnerDFW

A lot of this debt isn’t even reported to credit agencies, nor being recorded in any consumer credit data we are seeing

Amy Nixon @texasrunnerDFW

I mean, what are they going to do?

Repossess the empty bag of Doritos you ate months ago?

As far as subprime loans go, these are the worst possible imaginable ones for banks. What’s the collateral?

At least in 2008 they could foreclose on something

Poster Comment:

She is called Texas runner because she runs marathons.