If confidence and credit continue to dry up, a near-certain recession will become a depression, a calamity for everybody.

如果市场信心与信用持续枯竭，目前的衰退将演化为萧条，这对每个人都是灾难。

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If not, McCain said ominously that credit will dry up, jeopardizing home sales, individual savings and company payrolls.

麦凯恩还危言耸听地说，如果不这样，银行信贷将崩溃，国内房产销售、个人存款及公司员工薪水都将受到不利影响。

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But one of the lessons of the credit crunch is that Banks are still important underwriters of liquidity when markets dry up.

但是信用危机的一个教训就是，在市场干涸的时候，银行仍然是流动性的重要承销者。

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Corporate treasurers fear bank credit will dry up if banks continue to be mired in their own financial difficulties.

FORBES: Magazine Article

External sources of credit would dry up because foreign investors, banks and companies would fear that their money would be trapped.

ECONOMIST: The euro

Hence, secondary risk does exist for the U.S. which could translate to another breakdown in the global economic machine if credit starts to dry up again.

FORBES: Raising The Debt Ceiling Is Just Kicking The Can Further Down The Road