Agoracom: Small Cap Investment - Crystallex International - How Strategic Defaults Are Boosting Consumer Spending

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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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hondobud

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How Strategic Defaults Are Boosting Consumer Spending

posted on Apr 16, 2010 08:53PM

I liked this article, not for what is actually happening, but more for the info about how retail is benefiting from people continuing to walk out of loan obligations. What it boils down to is: If default rates do not decline the spending continues, very informitive..........

http://seekingalpha.com/article/198932-how-strategic-defaults-are-boosting-consumer-spending?source=email

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