Looming debt crisis?

[Chris Moore]

Is anyone else worried about the "looming debt crisis" in America that is in the national news once a week it seems? From what I see the debt issues are focused in subprime auto loans defaulting. However, auto debt in general and credit card debt are sky high. I am not worried about the same type of subprime mortgage collapse, we had in '08, but I would imagine as people start to go down the debt rabbit hole that owners of apartment buildings or many SFH rentals will face an increase in non/late payments. Any thoughts?