Global credit crunch: Difference between revisions
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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. | ||
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.