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Saturday, August 09, 2008

The Debt Trap - Credit Cards Tighten Grip Outside U.S. - Series - NYTimes.com

"Credit Cards Tighten Grip Outside U.S.

By MARK LANDLER
Published: August 9, 2008

ISTANBUL — In Turkey, where borrowing money was until very recently a family affair, being in debt carried a fearful stigma. Some here even likened it to the disgrace that drives people to commit the honor killings that still occur in parts of this society."

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