Jesse's Café Américain

"The more power a government has the more it can act arbitrarily according to the whims and desires of the elite, and the more it will make war on others and murder its foreign and domestic subjects. Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse."
R. J. Rummel, Mass Murder and Genocide, 1994

Showing posts with label credit contraction. Show all posts
Showing posts with label credit contraction. Show all posts
15 January 2010

Guest Post: An Analysis of JPM's Credit Card Business

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2009 Credit Card Segment Results: JPMorgan Chase By Keith Hazelton , The Anecdotal Economist Credit Card Fee and Interest Income Soar as Nat...
12 October 2009

Consumer Credit Contracting at Record Levels

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Total Consumer Credit Outstanding in the US is contracting at a year-over-rate of almost 5 percent, which is a record for the post 1960 econ...
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