Last night on ABC News, they shared a great cartoon explaining the credit crunch. If you didn’t see it here it is to check out: ABC Video on the Credit Crunch

About The Author

Heidi Buchanan is the Blast Magazine Washington reporter

3 Responses

  1. Conferencing Services

    I can say that your article is very real site! Especially in understanding about the credit crisis topic, you gave a big contribution in terms of learning. There are a number of reasons why banks may suddenly stop or slow lending activity. This may be due to an anticipated decline in the value of the collateral used by the banks to secure the loans. It may be preferable “mark to market”.


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