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The Credit Crunch

A guide to the current credit crunch, as money for bank loans has dried up

A guide to the current credit crunch which originated in the US economy - the largest economy in the world. It came about because banks made 'silly lending decisions' with subprime mortagages. With stockbroker Justin Urquhart Stewart, 大象传媒 Economics Correspondent Andrew Walker and Chris Giles of the UK Financial Times.

Release date:

8 minutes

大象传媒 World Service Archive

This programme was restored as part of the World Service archive project