The credit crunch in the banking system is becoming more severe as banks deleverage by selling assets and rationing credit, exacerbating the downturn.

That, in turn, merely drove down prices further, leading to more credit rationing, bankruptcies, and bank failures.

Tighter credit rationing will then further hamper the ability of households and firms to borrow, spend, invest, and sustain economic growth.

And the policy challenges are daunting the eurozone s recession is deepening as front loaded fiscal consolidation and severe credit rationing continues.

Borrowing costs are rising for highly indebted sovereigns, credit rationing is undermining small and medium size companies, and falling commodity prices are reducing exporting countries income.

US financial institutions should have continued to lend to distressed borrowers, in order to prevent a spiral in which credit rationing forced price reductions and intensified world deflation.

In order to curb investment demand, tighter credit rationing and monetary policy are inevitable in 2008, while investment projects and land use will be subject to more rigorous control.

In advanced economies, the main mechanisms for transmitting balance sheet damage to the real economy were credit rationing and reduced consumption due to loss of net worth in households.

These conditions had all the makings of a depression scenario, with credit rationing destroying businesses indiscriminately, and thus required fast, aggressive, and unconventional action by the US government and the Federal Reserve.

Some people believe they're going through unofficial rationing.

Indeed, the government indicates that it may begin rationing gasoline.

Jordan states that this rationing was due to the increase in its population.

There are 38 municipalities in the countryside who are going through official water rationing.

Food rationing was not based on sex allocation depended on the individual's age and job.

Many measures of state control of the economy imposed during the war were continued, although the rationing of dairy products was lifted in 1949, while price control and rationing of housing and cars continued as long as until 1960.

Second, energy rationing policies like cap and trade will be a permanent drag on economic activity.

The second quota comprises of 106 billion liters and should last until March 2015 without water rationing.

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Such shortages could result either in chaotic supplies and power outages or in a coordinated policy of energy rationing.

From those cities, 38 have started a water rationing plan, where the supply is alternated between neighborhoods every week.

The popularity of carrot cake was probably revived in Great Britain because of rationing during the Second World War.

2007 Gasoline Rationing Plan in Iran was launched by president Mahmoud Ahmadinejad's cabinet to reduce that country's fuel consumption.

The rationing system, allows private drivers only 100 liters (26 gallons) of fuel per month at the subsidized price.

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Indeed, according to Raúl, the state controlled food rationing system is a factor of immobility, but no one knows what might replace it.

The ideal situation would have been for each family to receive as much as it needed, but shortages had forced rationing of food.

This way public credit registries and credit bureaux may be able to operate and provide adequate and up to date electronic credit information.

Indeed, conditions in Iran s oil industry had so deteriorated in 2007 that gasoline rationing was introduced, opening the way to a thriving black market.

Consequently, the institution of the rationing programme does not in itself provide evidence that the population was actually deprived of the use of water.

Banks and credit card companies have become much more cautious about extending credit.

Credit histories cannot be shared, because a credit bureau is just getting started.

The supply of credit, in other words, resulted from the demand for credit.

China s Credit Overdose

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Credit stopped flowing.

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