We have massive contraction of credit formation.

我们对信用形成大规模收缩。

youdao

Investors' desire for extra protection has made the contraction of credit worse.

投资者想要获得额外保护，但却导致了信用恶化，营业下滑。

youdao

It can be done – by creating money to offset the contraction of credit, recapitalising the banking system and writing off or down the accumulated debt in an orderly manner.

通过有序地创造货币抵消信贷紧缩、向银行系统注资，以及注销或减记累积债务，我们可以做到这一点。

youdao

We have massive contraction of credit formation.

我们对信用形成大规模收缩。

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The sudden contraction of credit was a factor responsible for the ensuing depression-within-a-depression.

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Such a move would, necessarily, involve deleveraging of the banks, and a contraction of credit: something that would require careful thought.

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That led to a contraction of credit, which in turn meant businesses couldn't make payroll or make inventories, which meant that everybody became uncertain about the future of the economy, so people started making decisions accordingly -- reducing investment, initiated layoffs -- which in turn made things worse.

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