Scott Duffy's Weblog

I sometimes need a place to post my point-of-view... Is that so wrong?

Monday, August 11, 2008

The End of Credit Card Consumerism May Be Near

For more than four decades, the shopaholic America has shown an insatiable desire to spend until our credit cards melt. Yet today, a sharp slowdown, record-high gas prices, high consumer debt levels, a plunging real estate market, and the growing green movement all seem to be conspiring to dethrone the credit card way of life.

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