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Spain is beginning to have serious household credit problems. People using plastic to pay for mortgages, debt counseling for middle-class professionals, defaults, people using bankruptcy protection to pre-empt a repossession...

We have met the enemy, and he is us — Pogo
by Migeru (migeru at eurotrib dot com) on Thu Nov 22nd, 2007 at 10:40:21 AM EST
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