The New York Times: What Your Credit Card Company Knows About You

Those of you who use a credit card—and who doesn't these days—must read Charles Duhigg's terrific New York Times article titled What Does Your Credit-Card Company Know About You? (free registration might be required). And for those of us who like to think about how credit cards might influence the economy, here's an interesting quote from the article:

If a credit-card company detects unsettling patterns, it might start cutting credit lines, raising interest rates or accelerating repayment schedules. (Companies are expected to withdraw $2.7 trillion of credit by the end of 2010, according to a March report from the Meredith Whitney Advisory Group, a banking-analyst firm.)

This smokey and hazy photograph of the Bow River in Banff National Park was taken in 2006 when there was a large forest fire in Washington state. The picture is hosted at Flickr. If you click on the picture, you will be taken to where you can view a larger version and see more of my pictures.