According to Experian, a credit consultancy, the combined limit for the credit cards held by each of Florida's consumers now averages $20,728, after a high of nearly $27,000 in the third quarter of 2008.Florida is not alone in having to shift away from consumption and towards investment and exports, but its lack of a big manufacturing base makes the task more difficult.
"The plans by the Hungarian government to convert Swiss franc loans couldn't have happened at a better time," says Nick Spiro of Spiro Sovereign Strategy, a credit risk consultancy.
Western screenwriting guru Syd Field gets a credit for story consultancy, but the film is still very much structured according to Indian traditions.
Between them they have five of Indonesia's 12 terrestrial television networks.One's to lose, the other's to winDouglas Ramage of BowerGroupAsia, a business consultancy, credits Mr Prabowo with giving Indonesians "a message they want to hear: an assertive, muscular Indonesia that has lost control of its natural resources and had too much of its wealth taken by foreigners".
For starters, pure prop trading caused only 4 percent of the losses in the credit crisis, according to consultancy Tricumen and the Bank of International Settlements.
Moggridge co-founded IDEO, the consultancy that claims credit for designing Apple's first mouse, and now has a worldwide reach with 500 employees.
Giles Rubens, a strategist at Hildebrandt International, a legal consultancy, says that the credit crunch has taken time to filter through to law firms' profits because the "deal pipeline takes up to a year to dry out".
Similarly, David Roche and Bob McKee, of Independent Strategy, an investment consultancy, among others, think credit started flowing more easily in the 1980s because the rich economies conquered inflation and the large emerging markets embraced globalisation.Relax and enjoy itSome booms started with liberalisation.
McKinsey actually scented an opportunity in the credit crunch: an article in the consultancy's house magazine urged that governments needed to go in for "whole-government transformation" if they were to cope with the mess.
The boss of Ideo, a celebrated design consultancy (which can be credited with Apple's mouse, among other innovations), argues that many of the world's problems can be tackled by using "design thinking".
Mr. Bernstein, 34, works in New York as a director in the legal group overseeing the credit services division at Accenture, the management consultancy, technology services and outsourcing company.
