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One solution to the "consumer credit crisis"

on Tue, 07/28/2009 - 14:27

The mainstream media says there's another financial crisis looming: Consumer Credit.  The claim is that consumers are way over-extended, and that people buy too much stuff on credit.

So, one way to handle this is to do for credit cards sleeves what tobacco health warnings did on cigarette packaging.  Thanks to Francis Luu for the idea.

(Of course, this presumes people would see this, and <strong>think</strong> about what it says.  There isn't any evidence that people think well when faced with a "want.")

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