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?

[Daniel O.]

The looming debt crisis is the need to raise the debt ceiling so that we can continue to pay the interest on our national debt, pay our other obligations, etc. It is HIGHLY unlikely that there will be a problem here.  In other words, keep moving, nothing to see here.