| 单词 | credit expansion |
| 释义 | credit expansion But an irresponsible credit expansion and unsustainable housing bubble have to be unwound before the economy recovers. Times, Sunday Times We've been living beyond our means for a long time, due to the credit expansion. Times, Sunday Times Yet governments and central banks did too little, either by policy or by pronouncement, to constrain the resulting credit expansion. Times, Sunday Times The real reason was an irresponsible credit expansion and a failure by banks to understand the risks they were taking on. Times, Sunday Times The good old days will not return until decades of overambitious credit expansion are unwound. Times, Sunday Times |
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