No, the main cause of the recent recession is surely a global credit boom and its subsequent meltdown.

The proximate reason for all financial crises is excessive credit growth a credit boom that goes bust.

Another spike in the 1980s another spike in shows about control and power.

Granted, the credit boom itself may be rooted in excessive optimism surrounding the economic growth potential implied by globalization and new technologies.

Asia s Invention Boom

Harnessing the Remittance Boom

Novelty a leap of creativity

He took a leap of faith.

Credit Where Credit is Due

An illness perhaps? A genetic mutation?

Our poetry is our mutation, our life.

Rural Credit

Credit

The Agreement signifies a major breakthrough.

This truly is a children apos s educational revolution.

Imagine a gene mutation creates a new color of hair.

He heard it and made one last desperate spurt.

And about seven years before you're about to die, there's a spike.

And you think, is it much of a leap?

She's just going to be a carrier.

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

Well, credit is cheap.

This was a major breakthrough for women in the legal profession.

The agreements reached can be considered as a breakthrough in that direction.

And along the way they created a breakthrough in computer visualization.

And there's been a revolution in our understanding of machine learning recently.

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

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

Credit stopped flowing.

Unfreezing Credit

(a) Credit and security structure

Limited access to credit

13.4 Financial Credit

Credit card, investment account?

Afghanistan has witnessed a boom in meat production in last decade.

Overall, there has been a surge in the growth of services exports.

It's a mini boom going on to four feet in front of your face

Credit risk is best hedged through diversification across uncorrelated credits.

We need a breakthrough in this make or break year.

In the Middle East political will and hard negotiations have created a historic breakthrough.

So that's the regular circumstance even when there is a mutation.

She has to have two X chromosomes with the mutation.

Well the probability of each of them having the mutation is 1 in 7,000.

Germany s Secret Credit Addiction

Consider also the credit markets.