One of the main causes of the last major recession is generally concerned to be the subprime mortgage crisis, and since then, government officials have taken steps to keep that from happening again. However, while banks are being more careful about consumer debt, two other areas of credit may be ballooning into dangerous territory, according to one well-known credit hedge fund.
Michelle Jones was a television news producer for eight years. She produced the morning news programs for the NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spent a short time at the CBS affiliate in Huntsville. She has experience as a writer and public relations expert for a wide variety of businesses.
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