Paywalled, so unfortunately I can’t see anything

“Let’s be honest here, if that’s the new standard then Democrats (especially the Avenatti type) will throw out allegations everytime (sic) a conservative Justice is nominated.”

What was “unfair” about US-China trade? And don’t say “trade deficit” in your answer.

Not a definitive number, but this type of lending is cyclical, and we are at the end of the expansion part of the cycle.

That figure is not correct. It’s a high number, but not that high. Asian Americans actually have a higher income dispersion than any other race in the US, so a decent number are quite poor.

Your argument falls apart because there are millions (literally) of people in India with the same or higher IQ than you, with a STEM education, and they make pennies on the dollar.

Your argument is called social darwinism, and is very, very dumb.

Immigrants generally are outside the cyclical system that proves inescapable for many poor Americans. But, many immigrants do fall into that system. The reasons for it happening (or not) can be cultural, but in many cases has much more to do with the skills they posses before immigrating, the region they immigrate to,…

It is isn’t unlimited, there are usury laws, but I see your point.

Wasn’t paywalled for me. There are a litany of articles about how difficult it is to be poor in America - these can be found with a quick google search.

You don’t understand what natural selection means then.

For every company raking in the money like the one in this article another one (or two) are failing due to high default rates on deep subprime lending, particularly for cars.

If you’re talking about AIG, Wells Fargo, Merrill Lynch, or other financial institutions with billions or trillions in AUM, then maybe. But smaller, deep subprime lenders don’t get bailouts - they fail all the time.

It went from concept to finished car in 18 months. Rushed doesn’t even begin to describe it.

THEN claim without bad loans to people who can’t afford them

Sorry, you’re wrong, you just don’t understand our financial system at all.

Lenders do lose money; this article represented a handful of instances where the loans went badly and the lender was able to garnish wages.

There still are usury laws.

It’s a cyclical problem beginning with the latter part of your statement. Anyone can throw out an anecdotal tale of how they know a poor person who is lazy, feckless, etc., but the fact of the matter is that it’s just not true for the majority of impoverished Americans. They are simply set up to fail by a system…

Poor/under-educated people not having financial literacy because they weren’t taught it and then making poor decisions is not natural selection.