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American Credit Card Debt – Symptom of a Debt-Based Currency

American credit card debt ballooned rapidly in the 90s and early to mid-2000s leaving many families with total combined balances in excess of $10,000. Some used the easy credit irresponsibly, racking...

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Consumer Debt – The Worst Kind of Debt

Consumer debt is the kind of debt you put on credit cards and other types of revolving retail accounts. What makes this kind of debt so odious is: There are no fixed minimum payments. And there is no...

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