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https://www.aoiusa.org A Research and Educational Organization that engages the cultural issues of the day within the Orthodox Christian Tradition Wed, 09 Sep 2009 15:22:54 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.3 https://www.aoiusa.org/ascetism-the-cure-for-consumerism/ https://www.aoiusa.org/ascetism-the-cure-for-consumerism/#comments Wed, 09 Sep 2009 14:39:32 +0000 https://www.aoiusa.org/?p=3378 Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in /home/aoiusa/public_html/wp-content/plugins/sexybookmarks/public.php on line 388

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A report from Wells Fargo Securities shows a “record drop” in consumer credit this summer. “Despite the cash-for-clunkers program starting in the last week of July, nonrevolving credit fell at a staggering 11.7 percent annualized pace,” analyst Yasmine Kamaruddin wrote. Indeed, much of the decline was attributed to a spike in charge offs, which points […]]]> https://www.aoiusa.org/ascetism-the-cure-for-consumerism/feed/ 26