At the same time, these countries have also been hit hard by the credit crunch.
Else how did they miss the coming of the credit crunch?
"There certainly is a credit crunch in the home development business."
Where did they get it wrong on the economic response to the credit crunch?
They are likely to be the ones caught in the middle of the credit crunch.
A global credit crunch could keep interest rates high for the next several years.
But in the credit crunch, it is easy to get hurt.
The credit crunch became very real, although no one is certain what caused it.
I thought we put that argument to rest in the 1991-92 credit crunch.
I used to get 8% on my savings before the credit crunch and was making money every month.
In 2009, during the global credit crisis, the Bank injected £200 billion into the economy.
The credit crisis has raised several public sector accounting issues.
The acquisition closed soon after the credit crisis of 2007 and 2008 took hold.
But, ever since the credit crisis began, big moves have become common.
The current slow economy and credit crisis have reminded all of us about the need to live within our means.
The move was largely due to the current credit crisis.
And it lost more than fifty billion dollars in the credit crisis.
The global credit crisis had gathered steam during the 2007-2008 period.
Trade finance was another key area where we were looking for action to ease the global credit crisis.
This was the first foreign company to buy a failed bank during the credit crisis of 2008 and 2009.