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Consumer Debt, Bad For America

Post Date: May 16, 2008 10:53 p.m.
Ranked website: feeds.feedburner.com (Not Ranked Yet)

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Consumer debt is debt that is accrued by purchasing consumer products as opposed to investment debt that is used to make investments. The vast majority of consumer debt in American is in the form of credit card debt. Consumer debt is fast approaching the one trillion dollar (1,000,000,000,000.00) mark. Credit...Read Full Article Here: http://www.articlesbase.com/finance-articles/consumer-debt-bad-for-america-417210.html

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