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Americans are worried about a looming credit crunch. That’s a big problem for an economy that runs on credit cards. One of the reasons for economic optimism you’ll hear bandied about out there in the mainstream is “the American consumer is strong” and consumer spending is “holding up” despite price inflation. But nobody seems to […]
The post Americans Worried About a Credit Crunch; What Happens When Consumers Can’t Charge It? first appeared on SchiffGold.