UK subprime - another US/ UK/ Canadian sectors is crashing

The crashes are now happening in multiple US/ UK/ Canadian sectors and are getting ever closer to the core of the post-08 monetary/ fiscal stimulus; namely US and Chinese FIRE economy assets.


Counting the dead canary's: 

• US/ UK autos
• Bricks and mortar retail
• Global super prime residential
• US CRE (is now falling)
• Canadian mortgage lending
• UK sub-prime lending. 

What's next, companies reliant on low wages and an import supply chain?

https://www.bloomberg.com/news/articles/2017-08-22/provident-financial-ceo-steps-down-on-loss-dividend-scrapped