Credit crunch
From The Art and Popular Culture Encyclopedia
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A credit crunch (also known as a credit squeeze or credit crisis) is a sudden reduction in the general availability of loans (or credit) or a sudden tightening of the conditions required to obtain a loan from banks.
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See also
- Austrian business cycle theory
- Debt deflation
- Environmental credit crunch
- Financial crisis
- Minsky moment
- Liquidity crisis
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