Credit Squeeze

RECENT NEWS
Sydney Morning Herald  Nov 9  Comment 
Australian firms have fared relatively well in securing finance through the global credit crisis, replacing debt with equity and repairing their balance sheets, a senior central bank official said today.
Reuters  Oct 12  Comment 
Small companies create more than half of America's jobs, but the entrepreneurs who drive this part of the economy continue to complain that access to credit two years into the recession remains scarce.
Reuters  Oct 11  Comment 
Small companies create more than half of America's jobs, but the entrepreneurs who drive this part of the economy continue to complain that access to credit two years into the recession remains scarce.
Bankstocks.com  Sep 9  Comment 
Forget "buy now, pay later." The Delaware bankers who set the nation's credit-card rates have slowed the flow of easy
Times Online  Aug 27  Comment 
Parents who spent less on their children in the wake of the financial crisis and the fallout from the Icelandic banking collapse resulted in Hamleys, the Regent Street toy shop, swinging to a £6.9 million loss last year.
Financial Times  Jun 25  Comment 
Key European nation's powerful export industry warning of a credit squeeze even after the European Central Bank's injection of one-year liquidity into the eurozone banking system
New York Times  Jun 19  Comment 
A crackdown on credit limits by card companies is squeezing the nation’s small businesses, exacerbating the problems caused by a stagnant economy.
Bankstocks.com  Jun 1  Comment 
Bob Anello has been a customer of U.S. Bancorp since it was First National Bank. Earlier this month, the bank thanked the Hamilton
Suggest a News Source
Topic
Top news source/blog that we're missing
Why do you recommend this news source?
Close 
Thanks for your suggestion!
 
 

Credit Squeeze in simple terms refers to situation wherein interest rates are higher than normal due to adverse economic situations.

A ""credit squeeze"" occurs in a debt-based monetary system when interest rates rise and new debt money is difficult to access without a high credit rating. At such times, marginal borrowers, or those who have borrowed at the end of any debt-induced asset ""bubble"", get ""squeezed"" out of further borrowing, and a contraction in the growth of the money supply occurs, triggering a slow-down in the growth of previously inflated assets. Those assets are then acquired by the private banks through widespread foreclosure or bankruptcy and re-sold to those with the money to buy the distressed assets.

Wikinvest © 2006, 2007, 2008, 2009. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki