Time to Bail Out Of Credit Cards? That's One View

In the 1967 film "The Graduate," the Dustin Hoffman character was told to bet his future on plastic. For 1992, maverick economist A. Gary Shilling is warning banks to get out of the stuff that revolving consumer credit is made of. And fast.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.