Evans-Pritchard: Private Credit Market Collapsing

Monday, October 5, 2009 4:46 PM

By: Gene J. Koprowski

Private credit is contracting in Europe and in the United States, writes business journalist Ambrose Evans-Pritchard.

Writing in U.K.’s The Daily Telegraph, Evans-Pritchard states that M3 money data is “flashing early warning signals of a deflation crisis next yearâ€