Mexican Peso broadly weaker as market sentiment sours
-
The Mexican Peso falls versus the US Dollar after the release of US Q1 GDP
data. The Peso had already been weakening as market sentiment
turned negative. ...
1 hour ago
I think the focus for such subprime loans should be return OF capital! Hahaha!!
ReplyDeleteFrom the stats on Funding Societies, defaults are around 1.6% to 2.1% and late payments are about 12.6%. This is for a relatively good economy.
If economy slows down or turns bad, you'll see the stats getting worse.
Hmmm, maybe can use those stats as leading indicator --- they're reflection of weaker SME's & startup entrepreneur wannabe's --- dime a dozen during boom times, but drop like flies during recession.