Exact(3)
Or whether it was government intervention — the story about pushing credit to the less well off segments of the population.
And similar to your argument about, you know, pushing credit vs. pulling credit; if we offer people lots of credit with terms that are opaque at best, they're going to use as a group, as a population, we will use that credit.
Banks have spent the past year pushing credit on shoppers through aggressive advertising, low-promotional rates and 0percentt offers, leaving no website, mailbox or television commercial slot untouched with promotions to get shoppers charging.
Similar(55)
Conservatives play this hide-the-subsidy game, too, by pushing credits as substitutes for private-school vouchers.
Some lost money on credit-market positions involving the huge debt of General Motors and Ford, whose recent tumble to junk status pushed credit spreads sharply wider.
Little net new commercial paper is being issued.The APF was originally designed to push credit into the corporate sector because banks were not lending enough to firms.
In trying to prevent off-balance-sheet lending, regulators may push credit off-off-balance-sheet.Shadowing China's banks is not the role the country's policymakers envisioned for the trust companies, says Jason Bedford of KPMG, a consultancy.
Rising credit risks and intense risk aversion have pushed credit spreads to unprecedented levels, and markets for securitized assets, except for mortgage securities with government guarantees, have shut down.
Werner is more bullish on German equities (10% of Werner's asset allocation) because the European Central Bank has pushed credit creation in Germany to its highest level in 20 years in an attempt to revive that nation's flagging economy.
"The truth of the matter is that the banking industry has used credit cards and pushed credit cards on consumers in ways that have been very damaging," Obama said according to a transcript.
Two or three years ago, Facebook had pushed Credits more as a primary currency.
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