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Consumer Debt

An Interesting Thought From Charles Geisst Regarding Consumer Debt

Monday, September 14th, 2009

I’m reading a very interesting book (interesting if you like reading and learning about business history) by Charles Geisst called, Collateral Damaged: The Marketing of Consumer Debt to America*. As the subtitle suggests, the book is about conumer debt.
Although it seems hard to believe, there was a time when consumer debt was virtually non-exsistent. [...]