The battle cry of urban shoppers can be heard all over the developed countries.
Bad debts written off by banks for credit cards in Singapore went up from about $115.4 million in 2008 to $183.9 million last year.
This is the numbers of card holders globally.
Australia: 16 million
Brazil: 191 million
China: 199 million
Canada: 72 million
France: 34 million
Germany: 4 million
Hong Kong: 14.7 million
Israel: 6 million
India: 24 million
Indonesia: 10 million
Japan: 346 million
Philippines" 8 million
Saudi Arabia: 3 million
Singapore: 1.2 million
South Korea: 96 million
Spain: 18 million
Thailand: 14 million
USA: 686 million
Vietnam: 2 million
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