Parsad Posted September 8, 2009 Share Posted September 8, 2009 Tightening credit standards leads to a record drop in consumer credit. Not necessarily a bad thing, since standards were previously so lax, but it does mean that lower leverage means lower consumer purchases. Cheers! http://www.bloomberg.com/apps/news?pid=20601068&sid=aAYZpSNGocVM Link to comment Share on other sites More sharing options...
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