Reuters: Credit card industry may cut $2 trillion of lines: analyst

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Credit card industry may cut $2 trillion of lines: analyst
      

(Reuters) - The U.S. credit card industry may pull back well over $2 trillion of lines over the next 18 months due to risk aversion and regulatory changes, leading to sharp declines in consumer spending, prominent banking analyst Meredith Whitney said.<div class="feedflare">
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