“Huge Red Flag” – Chanos Joins Growing Crowd Questioning Subprime Credit In “The Golden Age Of Fraud” In a 2020 Lunch with the FT interview, Jim Chanos said financial markets were in “the golden age of fraud”. On Thursday he said this phenomenon had “done nothing but gallop even higher” since he made the remark. And now, as we have been highlighting recently, the dominoes may have started falling… Beneath the surface of what’s been a remarkably resilient US economy, a series of small shocks in the world of consumer credit have combined to rock companies that service financially-vulnerable Americans, raising major… — Continue at ZeroHedge News : Read More
