CMKM Diamonds Inc. (fka CMKX)

[IQ1]

Inflatious should give everyone nightmares.

Personal debt averages out to $6,737 for every American. And more and more often people cannot pay: personal bankruptcies, 179,194 in 1978, reached 456,914 last year.
(I personally think its much much higher)
The Brinkleys had 14 credit cards—American Express, Visa, Master Charge, department store and oil company accounts—and soon they were getting new loans just to meet the minimum monthly payments due on one account or another. And the debt kept growing at interest rates of up to 26%. Collection agencies phoned Steve both at work and at home. He and Jane quarreled bitterly about who was to blame, but as debts pushed them toward separation, debts also held them together. "I didn't even have the freedom to leave," says Jane. "We couldn't afford the one house we had, let alone pay for another apartment. We were isolated, trapped and desperate."

Steve and Jane eventually got counseling, cut their costs, canceled all credit cards and began climbing out of the swamp. Proof of their success is that credit companies keep soliciting them.

http://www.time.com/time/magazine/article/0,9171,925425-2,00.html