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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Secret_Agent_Man who wrote (15922)	1/1/2009 4:13:55 PM
From: Pogeu Mahone	Respond to of 71403

murphys law is happeninng now. bb is just an ineffectual footnote. he/they can not put humpty back together again. If you need credit you cannot get it. If you do not need credit it is available. NO VELOCITY. Credit cards BTW this is already happening in SIZE: Dec. 1) - The U.S. credit card industry may pull back well over $2 trillion of lines over the next 18 months due to risk aversion and regulatory changes, leading to sharp declines in consumer spending, prominent banking analyst Meredith Whitney said. The credit card is the second key source of consumer liquidity, the first being jobs, the Oppenheimer & Co analyst noted. "In other words, we expect available consumer liquidity in the form or credit-card lines to decline by 45 percent."