We know what’s coming and we are prepared.
🇺🇸 Subprime lender files for chapter 11 bankruptcy!
PrimaLend Capital Partners filed for Chapter 11 bankruptcy protection on Wednesday, in another sign that low-income consumers in the United States are under strain.
The company's filings in a Texas court showed that it listed both assets and liabilities of less than $500 million.
Subprime lenders provide loans to borrowers with weaker credit histories or lower credit scores, typically at higher interest rates to offset the increased risk of default.
Last month, Bloomberg News reported that PrimaLend's creditors were weighing pushing the firm into bankruptcy after going unpaid for months.
Tricolor, which sold cars and provided auto loans mostly to low-income Hispanic communities in the Southwestern United States, also filed for bankruptcy protection in September.
Miatta Fanbulleh is Liberian.
She is now in charge of Britain's Energy Security.
Meanwhile this is what Liberia looks like:
Beaches covered in excrement.
No waste management.
Absolute filth.
THE COST OF THE AMERICAN DREAM HAS EXPLODED.
-
Owning a home.
-
Buying groceries.
-
Driving to work.
-
Paying insurance.
-
Even your morning coffee.
Nearly every major household expense costs dramatically more than it did just a few years ago.
Over the last 7 years:
• Coffee: +127%
• Home prices: +60%
• Auto insurance: +51%
• Gasoline: +49%
• Electricity: +44%
• Shelter: +35%
• Groceries: +33%
And that's before paying for healthcare, transportation, or eating out.
This is why so many families feel like they're falling behind even when they get a raise.
The biggest financial problem for millions of Americans is that everything is going up at the same time, while the government keeps showing a 2% inflation target.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
Biohacker Bryan Johnson claimed he cloned himself as a newborn for the purpose of providing him blood and cells.
