Elliott Wave International

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Another Credit Bubble: Car Loans Top $1-Trillion for First Time

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The delinquency rate among subprime auto loans is rising, even as total auto loan liabilities exceed $1-trillion. The CEO of the nation's largest bank raises a red flag. The Wall Street Journals calls it a "subprime flashback." Prepare now for what we see ahead.

Related topics : auto rates loan / auto credit loan

U.S. Student Loans: A Coming Disaster for Taxpayers

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The federal government is good at lending taxpayer money to borrowers who are unable or unwilling to pay it back. It happened during the housing bust, and now, some seven million people are in default on their student loans. Find out why we anticipate that the number will rise dramatically.