The Financial Commentator on the Economy - John Mauldin's Outside ...

By John Mauldin

Spending on small business credit cards increased from $70.4 billion in 2000, to $296.3 billion, according to the Nilson Report. Over the last 15 months, business bankruptcy filings have risen faster than consumer bankruptcies, .... by several trillion dollars, as banks work to repair their balance sheets and lower their leverage ratios from 30 to the low teens. The securitization markets provide more credit than the banking system, but they remain on life support. ...

John Mauldin's Outside the Box - http://www.investorsinsight.com/blogs/john_mauldins_outside_the_box/default.aspx