3 ms·
...and now that Brazilians are no longer so spooked by inflation that they spend money as soon as they receive it, three Brazilian banks are among the world’s t
by sethg 16y ago
...and now that Brazilians are no longer so spooked by inflation that they spend money as soon as they receive it, three Brazilian banks are among the world’s top ten credit issuers. (http://www.npr.org/blogs/money/2010/10/04/130329294/life-on-the-installment-plan?ft=1&f=93559255 http://www.npr.org/blogs/money/2010/10/04/130329294/life-on-...)
One liberal wonk wonders if this is a sign that the country is facing a consumer debt bubble. (http://yglesias.thinkprogress.org/2010/10/tomorrows-credit-bust/ http://yglesias.thinkprogress.org/2010/10/tomorrows-credit-b...)