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Credit Cards: The Next Debacle
WSJ
Meredith Whitney
Few doubt the importance of consumer spending to the U.S. economy and its multiplier effect on the global economy, but what is underappreciated is…
12Mar2009 | The Real Deal | 0 comments | ContinuedGlobal Investing Roundups
Ford and Toyota Sales Crash; Triple Airline Merger in Talks; GE Ponders Job Cuts; Sears Closing Stores; Oil Prices Hit 3-year Low; Discover Says More…
3Dec2008 | Money Morning | 0 comments | ContinuedThat Ticking Noise You Hear in Your Wallet is a Credit-Card Time Bomb
For those holding out hope that the American economy can miraculously avoid a long and deep recession, consumer credit is often viewed as the wonder drug…
15May2008 | Money Morning | Comments Off | ContinuedThe Nation’s Debt: Collectors are in for rough times
There is no denying when it comes to soaring fuel prices, this nation has a major problem on its hands. Thanks to credit cards, the…
24Apr2008 | Guest Contributor | Comments Off | ContinuedCredit Card Stocks: The Credit Card Fair Fee Act may kill the interchange fee… and credit card company revenues
The nation is in a credit-induced mess. Thanks to incredible amounts of financial leveraging, a small-scale headache for the mortgage industry has ballooned into an…
19Mar2008 | Guest Contributor | Comments Off | Continued
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