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Whitney: Credit Card Consumer Liquidity to Decline by 45%

Decline and Fall of Western Civilization found this 12/1/2008 on calculatedrisk.blogspot.com

Note: I'll post a compendium of Tanta's posts soon, plus a charity of her choosing. The services will be private. From Reuters: Credit card industry may cut $2 trillion of lines: analyst The U.S. credit card industry may pull back well over $2 trillion of lines over the next 18 months due to ...