What is the credit crunch?

i need to write a speech on the credit crunch i need to know how the world got in to dept and just what is the credit crunch

I ve got a project on credit crunch and I want to know the effects of Credit Crunch in US economy in points. I am a bit lost because there are so many things around this topic and I have to write a small summary of all these. Thank you

* I hear this credit crunch expression only in the western rich countries, where of a sudden all the billions were evaporated! * In what is called 3rd world countries, you never hear of that crunch or bank collapse! ** THIS IS EITHER 1- The people running...

I need to focus on the households, not businesses or the government: • Explain how low interest rates and subprime lending due to greedy banks have led to the current situation of credit unavailability; • What a threat of recession or even...

can someone explain to me what the credit crunch is and what the recession is . i googled it but i still dont under understand it. please explain it simple as possible. i asked my friends and they were in shock when i tolded them that i didnt know. they...

As a novice to this kind of thing, can anyone give me a brief explanation of what caused the credit crunch? How come the banks are all in such a mess? Why could tax payers money be use to "bail the banks out" and what would happen if there...

So, just a thought, what industry do you think is going to thrive due to the credit crunch?

everyones going on about the credit crunch and how were all trying to save money on this that and the other. and the other fave seems to be how will it affect me. but what is the ...show more

Present the case of a firm that has been negatively affected by the credit crunch and associated global recession of 2009. this is my gf's first sem course work she has to write an essay of 1000 words on this topic , and i wanna help her buh unfortunately...