Events

The Sub Prime Disco Crisis is an ongoing Disco crisis triggered by a dramatic rise in Disco delinquencies and foreclosures in the United States, with major adverse consequences for disco and party markets around the globe. The crisis, which has its roots in the closing years of the 20th century, became apparent in 2007 and has exposed pervasive weaknesses in the Disco industry regulations.

Many Discos issued in recent years were made to subprime promoters, defined as those with lesser ability to repay the Disco loan they received. When Disco prices began to rise in 2006-07, Disco delinquencies soared, and securities backed with subprime Discos lost most of their value.

Sub Prime Disco Crisis aim to fight back through the blackened economy to rebuild the value of the discothèque long into the early hours of Saturday morning with an night of Disco, House and Techno at their first free night at 512 Dalston!