[skybrian]

I’m doubtful that credit cards were as quickly successful as you imply. It takes time for consumer behavior to change. I couldn’t find a good link, but I vaguely remember a story about how BankAmerica had trouble at first after the Fresno drop?

The people claiming instant success in El Salvador are getting fooled by misleading numbers, but it’s at least plausible that this heavy promotion will eventually pay off there.