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The 'Easy-Credit, High Interest-Rate' Swindle
The 'Easy-Credit, High Interest-Rate' Swindle Authored by Charles Hugh Smith via OfTwoMinds blog, When 21% interest rate credit cards are the only thing keeping the lid on awakening and revolt, that's not a sustainable fix. The easy credit, high interest rate swindle has been a financial feature of the landscape for so long it's rarely examined for what it is: not just a reliably profitable swindle, but as a safety valve for a broken system. We all know how it works, either fr
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