"US credit crisis starts because too many people are in debt, including the US itself. Credit is sometimes easly obtained but hard to repay."
The economic crisis has severely affected the availability of credit. It is also termed as the credit crunch.
The signs of credit card crisis are often fairly obvious. If you are unable to keep up with your credit card payments, and are in debt, you can be sure that you are in crisis, and you need to get out.
The Crisis of Credit Visualized - 2009 was released on: USA: 2009
Credit crisis is also commonly known as "credit crunch" which is a situation in which there is a short supply of money to provide to businesses and consumers and interest values are high-pitched. At "investopedia" there is ample information about credit crisis.
The Great Depression
You will understand that the United States government has acted as much as it could to lessen the credit crisis. You will also know that the United States government has had a limited impact on actually reversing the credit crisis.
It started in 2008 but it was only until the end of 2008 when it intensified.
Muhahahahahahahahahahaahahah
Front Page with Allen Barton - 2009 Debt Crisis What Will a U-S- Credit Rating Downgrade Mean for for the Rest of Us was released on: USA: 29 July 2011
The Cuban missile crisis in the early 1960's.
No,you will have a fresh start if you relocate to Canada.
"The credit crisis has affected the mortgage lending rates drastically. Many lenders are not giving out loans and mortgages at all without either high down payments, or pristine credit."