就像其他的现象一样，这次经济衰退导致了银行放贷量的减少，以及信贷的非价格配给，这被称为“信贷紧缩”(谢弗和胡佛，2007)。

This economic downturn, like most others, has led to decreased volume of bank lending accompanied by non-price rationing of credit, which is called a 'credit crunch' (Shaffer and Hoover, 2007).

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信用担保减少了信贷配给问题，却增加了担保机构风险。

Credit guarantee increases its own risk while reducing credit rationing.

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