Decades of making money cheap, easy to print, and similarly easy to loan out have resulted in a large number of Americans struggling under a huge debt burden. The banks which have lent out this money are now restricting credit to borrowers, despite their creditworthiness, and actually damaging peoples’ credit histories for no rational reason.
Posts Tagged ‘giant companies’
Unfreezing Credit Markets Requires Cutting Off Credit to Borrowers, Says Banks
January 20th, 2010
Nick Adama 
Posted in Uncategorized
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