Unspoken Truth
Unspoken Truth
Robert Brus
The ONGOING BANKING CRISIS and the Looming Credit Crunch that will BITE BUSINESS HARD
55 minutes Posted Aug 8, 2023 at 11:11 pm.
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Show notes

Tune in as Ed and I discuss the unfolding banking crisis that may not immediately cause widespread issues, but the impending credit crunch that could follow might intensify these challenges. Banking institutions are limiting their lending activities, imposing stricter credit standards and focusing primarily on top-tier corporates. This constrained lending environment, termed a credit crunch, is about to cause all sorts of problems in the economy.

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