Credit default swaps "didn't cause the problem, but they certainly exacerbated the financial crisis," said Leslie Rahl, President of Capital Market Risk Advisors, a consulting firm in New York.

信用违约互换“没有引起问题，但是他们确实恶化了金融危机。”纽约的一家咨询公司纽约咨询公司主管Leslie Rahl说。

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An revocable credit is one that its commitments can be altered or even cancelled without consulting with the beneficiary.

可撤销信用证是指在未同受益人协商的情况下对承诺进行改变，甚至取消。

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The Boston Consulting Group (BCG) forecasts that China's personal consumption credit will increase from present 7 trillion yuan to 21 trillion yuan in 2015.

波士顿咨询公司(BCG)预测，中国个人消费信贷将从现有的7万亿元人民币增长到2015年的21万亿元。

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"Issuers have flushed through a lot of the bad debt, and we see yields increasing, " said Robert Hammer, who runs a credit-card consulting firm.

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K. Hammer, a credit-card consulting firm in Thousand Oaks, Calif.

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The result: Even senior foreign nationals on assignment to the U.S. often "cannot open a bank account or get a line of credit, " says Ed Hannibal, North American mobility leader at consulting firm Mercer.

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