U.S. Credit Crunch Has Started
April 20, 2023 | Tags: Free Markets, SONS OF LIBERTY
A chief strategist of the Wall Street bank, Morgan Stanley has pointed to a big drop in lending amid tightening standards, meaning the “credit crunch” in the United States has started. Mike Wilson claimed that the banking crisis, which started with the collapse of Silicon Valley Bank (SVB), has led to a tightening of lending …