ZH headline says it all:
Credit Crunch Arrives: Bank Lending Crashes By Most On Record In Last Two Weeks Of March
On a debt based economy the credit cycle is very important.
Loans not happening, refinance not happening, expansion plans paused, loans being pulled, interbank lending restricted, collateral shortages etc.
All real economy stuff that creates hard landings.
ZH headline says it all:Credit Crunch Arrives: Bank Lending...
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Last
7,629.0 |
Change
42.000(0.55%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,587.0 | 7,640.2 | 7,587.0 |
| XJO (ASX) Chart |