0 → credit crunch
1 → credit crunch :
They have no other remedy than that of the credit squeeze.
Every time, during the last 10 years, that there has been an appreciable rise in production they have immediately imposed a credit squeeze.
We are suffering now from the salary and credit squeeze of a year ago, which, if it should have been introduced, was introduced too late.
The extended credit squeeze has borne far more heavily on the small trader than on the large.
The other method by which take-over bids might, to some extent, have been discouraged, would have been under the credit squeeze.
Why have we continuously had periods of credit squeeze—in 1951, 1952, 1956, 1961, and now another in 1966?
I do not believe that this is entirely due to the credit squeeze—it is not.
It may be that the effect of the credit squeeze has had an impact on the building and delayed it.
