Major Credit Contraction Since 2008 Could be a Disaster For US Economy

telegraph.co.uk  ( Original )
MAR 27, 2017

ORIGINAL SOURCE: Fading Trump rally threatened by rare contraction of US credit by Ambrose Evans-Pritchard of telegraph.co.uk on 3/27/2017


Credit professionals are increasingly nervous because of a sudden contraction of US bank lending that has not been seen since 2008. A slowdown in the US and China this year that could make global markets a disaster.

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