Global credit crunch: Difference between revisions
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imported>Doug Williamson (Create page. Source: The Treasurer, May 2019, 40 Years Edition 2019, p1.) |
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Revision as of 18:39, 17 May 2019
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.
