Which credit crunch is more severe? 1974 or current credit crunch?

Best Answer

Creezy answered a question in General Market.
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Creezy answered 10 months ago …

Well if we're just talking about how the credit crunch has impacted the overall equity markets then this one has already beaten out '74. Now the question is will it impact the debt markets as much -- in my opinion, this is only the beginning and we'll get much worse than 1973 - 1974

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