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Axel Merk says current market behavior resembles vendor financing. His comment echoes his earlier view that policy-driven subprime lending, not just regulatory

BWB News TV • 2026-07-26 23:56 UTC • By Billy Odell Tucker-Robinson
Axel Merk says current market behavior resembles vendor financing. His comment echoes his earlier view that policy-driven subprime lending, not just regulatory
Axel Merk says current market behavior resembles vendor financing. His comment echoes his earlier view that policy-driven subprime lending, not just regulatory failure, was a key cause of the 2008 crisis.
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