单词 | the Credit Crunch |
释义 | the Credit Crunch [ S ] the economic situation during 2007-2009, during which there were serious economic problems all over the world relating to financial organizations being unwilling to lend money: Most politicians agree that the Credit Crunch was originally caused by irresponsible lending by banks. The credit crunch has led to a sharp fall in the number of home loans. extracted from: credit crunch |
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