Global credit crunch: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create page. Source: The Treasurer, May 2019, 40 Years Edition 2019, p1.) |
imported>Doug Williamson (Remove surplus link.) |
||
(One intermediate revision by the same user not shown) | |||
Line 3: | Line 3: | ||
The rapid reduction in interbank lending from 2007, and its wide ranging adverse effects on other financial markets and on the economy. | The rapid reduction in interbank lending from 2007, and its wide ranging adverse effects on other financial markets and on the economy. | ||
This is sometimes known as the Global Financial Crisis ( | This is sometimes known as the Global Financial Crisis (GFC), or the credit crunch. | ||
Line 12: | Line 12: | ||
* [[Financial market risk]] | * [[Financial market risk]] | ||
* [[Global Financial Crisis]] | * [[Global Financial Crisis]] | ||
* [[Great Recession]] | |||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
[[Category:Financial_products_and_markets]] | [[Category:Financial_products_and_markets]] |
Latest revision as of 20:28, 4 July 2022
Economics.
The rapid reduction in interbank lending from 2007, and its wide ranging adverse effects on other financial markets and on the economy.
This is sometimes known as the Global Financial Crisis (GFC), or the credit crunch.