A picture of a bubble forming........

From the Sober Look blog comes a post suggesting that the recent revival of consumer credit isn't all that it is cracked up to be.  I believe that the Red Line represents mortgages.  The Green Line represents student loans.  Hope the kids are getting their monies worth out of college:

Legend:
1. Black: Nonrevolving consumer loans owned by commercial banks - these are mostly car loans
2. Purple: Nonrevolving consumer loans owned by finance companies - also car loans and leases
3. Red: Securitized consumer nonrevolving credit - this is mostly ABS.
4. And finally Green: Nonrevolving consumer loans owned by the federal government - student loans

thanks tyler