Wednesday, June 3, 2015

Presenting The Next Great Source Of Middle Class Prosperity

Prior to the subprime mortgage bubble, households were using their home equity as ATM machines.  Today, it is possible to use one's automobile as collateral for more cash out loans.

So we have the student loan bubble to deal with.  Margin credit in investment accounts are soaring to all-time highs.  A roaring bond market bubble created by suppressing yields to zero.  A re-inflating bubble in certain real estate markets.  And now an auto loan credit bubble.


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