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Old 07-14-2010, 10:26 AM
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Post ?Era of debt-fuelled consumerism over?

The era of debt-fuelled consumer spending is over, a financial expert has claimed, pointing out Britain‚Äôs consumer debts of nearly £1.5 trillion.Tim Moss, head of loans at moneysupermarket.com, seemed to be talking himself out of a job by claiming consumers can no longer afford to fund purchases on borrowed money.Consumers must face up to their [...]

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