Hello fellow rebel capitals hope you're well. So I don't know if you heard about this, but we have some staggering data to reveal to you about the subprime auto loan industry and you need to be prepared.

Hopefully you're sitting down because it is definitely stiff drink time.

That is for sure.

I'm gonna show you a chart that is going to absolutely blow your mind

let's get right over to Zero Hedge and check out this story another one fails subprime auto dealership hit with unprecedented

changes due to auto retail landscape yeah that's what happens when people's

purchasing power starts to evaporate when all the excess savings from

STEMI checks goes by by and all of a sudden you got to start paying back your student loan, among other things.

But let's get down to the article here.

I don't want to go too far off on a tangent.

So earlier this year we discussed the big profitability squeeze in auto dealerships,

the subsequent failure of the subprime... Fidelity Squeeze in auto dealerships.

The subsequent failure of the subprime dealership

with dozens of locations.

Now another dealership has failed

as cracks across the industry worse

in a popular used car dealership in South Florida.

And let's keep mind, this is South Florida.

So this is one of the states that's supposed to be doing really, really well.

So if South Florida isn't doing well, what's happening to California as an example?

This dealership called off-lease only filed Chapter 11 this Thursday, and they cited unprecedented changes to the

automotive retail landscape like we said earlier. So first thing that I

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