By John Rubino – Re-Blogged From Dollar Collapse
Record student loan balances? Check. Trillion dollar credit card debt? Check. Six tech stocks dominating the Nasdaq? Check. Subprime auto loans at record levels? Check.
All that’s missing is subprime mortgages and we’d have every bubble base covered. Oh wait, those are back too, just under a different name:
Subprime mortgages make a comeback—with a new name and soaring demand