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JP Morgan the new Lehman Brothers: Why Make Money through Commercial Banking...

Toxic mortgages and credit card losses through defaults are rising at a rapid pace.  This was also apparent in the earnings report from JP Morgan that reported positive earnings because of non-retail...

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Credit Card Monopoly: Top 5 Issuers Hold $550 Billion in Credit Card Debt...

As Americans rush out to shopping centers around the country on Black Friday many retail outlets have their fingers crossed that consumers will spend money that is clearly not on their balance sheet....

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Credit Card Debt up to 15 Percent of Annual Household Income. Average Credit...

Credit card companies have made it their passion to ensure that every eligible American has access to a credit card.  They have also created a financial labyrinth with traps in every corner from...

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Credit Cards the Opiate of the American Middle Class – The Withdrawal is in...

If you want to know how reliant the middle class has become on credit cards all you need to know is that in circulation we have 631 million credit cards in the U.S.  For a nation with slightly above...

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