Over the past 10 years, credit card debt has gone up 75 percent as
Americans' real wages and savings rate have stayed flat. That means
Americans have been spending beyond their means -- and fueling economic
growth with borrowed money. ...
<http://www.americablog.com/2008/10/credit-card-defaults-up-54-and-growing.html>
Americans' real wages and savings rate have stayed flat. That means
Americans have been spending beyond their means -- and fueling economic
growth with borrowed money. ...
<http://www.americablog.com/2008/10/credit-card-defaults-up-54-and-growing.html>
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