Showing posts with label consumer spending. Show all posts
Showing posts with label consumer spending. Show all posts

March 3, 2010

On Borrowed Time

     A Brief Background

Credit Scoring and Subprime Lending


The end of "traditional" lending.

FICO, Credit Bureaus, and Privacy


Who's got your number?

You Have No Choice


Live by the score, die by the score.

"Responsibility"

Responsible to whom?

The New Morality

Honor thy lender.

Trading Prosperity


 Trading labor instead of products.

Stunting A Recovery


The consumer won't be coming to the rescue this time.