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Debt Destroy

What Is Meant By Creadit Crunch ??


tekie.tony Rep Points: 735
Posted on April 3, 2009 at 2:11 am
during this financial turmoil ... this "credit crunch " term has been used just so many times .. what are the reasons and implications for the same ??

117129029 Rep Points: 30
Posted on April 3, 2009 at 2:13 am
sorry I have no idea about "credit crunch "

nithamohandas Rep Points: 5
Posted on April 4, 2009 at 9:36 am
If you fall, fall like a seed to germinate but not like a leaf to die

apocalypsereturns Rep Points: 765
Posted on April 4, 2009 at 11:47 am
Let me explain it to you in more simple term The basic thing is that the market need money to grow that is the companies invest the capital in a project so more people will benefit payouts would be made and more people hired so a  chain will start and the money starts flowingBut now as the market has stooped to low levels the investors do not want to put in the money in the market so there is a shortage of money in the market everyone is keeping there money safe so there is actually  credit cruch   do you get the idea if not pls post back
Posted on April 9, 2009 at 6:24 am
An economic condition in which investment capital is difficult to obtain. Banks and investors become wary of lending funds to corporations, which drives up the price of debt products for borrowers... this is not good