Catchword: debting

Filed under: English, Money & Finance

Part of speech: n.

Quotation: Despite the hard lessons we’re now learning about the perils of credit, my guess is that when this crisis is over, be it in five years or around the time of the next ice age, we’ll go back to our debting ways. Why? For one thing, we have short memories in this country. For another, we’re tireless believers in the American way of life—and the plastic that makes it possible.

Article or document title:
“ Credit is a double-edged sword” (URL)

Author:
Meghan Daum

Article, document, publication, web site:
Marketplace

Date of publication:
May 22, 2009

This catchword has yet to be researched.