Hypervigilant Observer

Following 45 GROWTH/EMERGING Markets: MEXICO, BRASIL,LATIN AMERICA,EASTERN EUROPE, RUSSIA, EUROZONE...from AUSTIN,TEXAS...with Freely Accessible, Reputable...ENGLISH LANGUAGE LINKS: Energy...Currencies...Crime... Tourism...Politics...Economics. HOARDING News Links...Since JUNE 2009...AD FREE.

Search This Blog

Subscribe To

Posts
Atom
Posts
Comments
Atom
Comments

About Me

View my complete profile

Popular Posts

  • RUSSIA : Putin's Police Make Preemptive Strike On Leading Protest Opponents.
  • URUGUAY: Prez. Mujica Popularity At Record High After 100 Days.
  • CZECH REPUBLIC: Poll Shows Czechs Finicky About Tolerance.
  • MEXICO : Soldiers Rescue 77 Kidnapped Migrants In Reynosa.
  • ROMANIA / SERBIA / KOSOVO/ EU: 2 March UPDATE: Romania Joins Ministers Backing Belgrade's Candidacy.
  • MONDAY MORNING MUSIC: Desde Argentina: "Lucio El Anarquista" By Guti.
  • CROATIA : Nationalists Clash With Police...On EU Vote Eve.
  • USA / PANAMA / MIDEAST : Oil Tanker Hits Destroyer In Straits Of Hormuz...Leaving Huge Gash.
  • MEXICO: Narcos "Force Down" Police Helicopter In Michoacan.
  • BOLIVIA / SPAIN : Morales Nationalizes 3 Main Airports.

24 July 2011

BRASIL / CHILE: New Consumer Credit Brings Big Debts...And Big Abuses.

                   NYT/ A. Barrionuevo...2 screen read combined


    In Brasil, credit card companies can legally charge astronomical interest rates of...220%.
    In Chile, the consumer goods company La Polar quietly...and unilaterally...renegotiated clients’ debts for more than six years.
    The result of credit for new consumers in the two nations has been booming growth...along with surging abuses and financial distress.
Email ThisBlogThis!Share to XShare to FacebookShare to Pinterest
Newer Post Older Post Home