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Is the Credit Crunch Coming Down the Pike?
"We've crossed the Rubicon into what I would consider a credit crunch of sorts," says CNN's John Defterios. "The question is, is how disinflationary? We really don't know." CRE will try to make sure that they're not 'loose' by having loose credit standards and have capital on their balance sheet. But at the margin, this is the, it's a deflationary, disciplinary trend,' he adds.