A credit crunch would hurt.

信贷紧缩将可能威胁经济。

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These companies are popular in a credit crunch.

这些公司在信贷紧缩时期很吃香。

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Small firms are being hit by a credit crunch.

小企业正遭受信贷紧缩。

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Some countries are blaming the United States for sparking the economic crisis through the deregulation of its financial scene - a move that led to a credit crunch and sparked an economic recession.

VOA: standard.2009.04.01

When the economies of the West collapsed in 2008, it was blamed on a credit crunch.

FORBES: Listen Up Bernanke, QE Is Not The Answer

If a credit crunch prevents them borrowing, investment will have to be cut whatever their plans.

ECONOMIST: No longer boom, but not yet doom

Similarly, during a credit crunch asset values are depressed and corporate incomes eroded.

FORBES: Rethinking Credit Ratings