easy credit

Banks have to work out the cost of the damage done by years of easy credit and gorging on complicated financial products (see article).

The problem is, all that easy credit is generating bad debt and inflation.

It was a time of super-easy credit, frenzied financial speculation, and blistering industrial expansion.

While loose monetary policies and availability of easy credit have triggered growth, there has been a flip side to it as well.

Homeowners, armed with easy credit , snapped up properties as if they were playing Monopoly .

But some question whether the heady years of record housing prices and easy credit should serve as a benchmark any longer.

The tough economy and easy credit condition have led many companies trying to profit from asset appreciation.

Shedding thousands of jobs as they struggle to recover from years of easy credit and over-extension.

The central bank is tightening regulation of loan-to-value ratios and trying to end easy credit.

Around the region, easy credit and ample liquidity is fueling fears that real-estate prices may be rising to irrational levels.

The era of easy credit, much of it backed by housing, is now over (see chart).

The United States is the poster child for the ill effects of a country hopped up on easy credit.

Central bank officials have repeatedly said they want to 'normalize' the easy-credit policies that have led to a lending boom.

As easy credit dried up and commodity prices plummeted, over-leveraged oligarchs were forced to turn to the government for bail-out loans.

Easy credit, combined with the faulty assumption that home values would continue to rise, led to excesses and bad decisions.

Dubai rode the wave of easy credit during the boom years generating phenomenal growth but was badly hit by the global credit crisis.

EASY credit, some say, was one problem.

But over the summer and fall, tightened local lending collided with the global financial crisis to choke off easy credit.

For all this easy credit, China seeks something in return.

Even short of such extreme cases, easy credit and its consequences have turned lives upside down.

Easy credit ends up in fiscal crises.

As the European Central Bank held interest rates low, Ireland saw easy credit for construction loans and mortgages.

America's great corporations access global markets, easy credit, new technologies and high-quality labor at a low price.

Credit should improve, but the era of easy credit is over, suggesting household debt could fall closer to a mere 100% of disposable income.

The inflationary effects of easy credit have, until now, been offset by the threat of cheap imports from the developing world.

The banks -- three of them make up nearly the entire system -- grew quickly on easy credit, borrowing money abroad and lending it back out.

Easy credit helped fuel an explosion of development. The market hit a high point in two thousand seven.

Wasn't it the fault of barely legal mortgage underwriting, overpaid investment bankers and the intoxication of easy credit?

Of course, Dubai was not alone in gathering debt during the easy credit years.

The third involves leveraged buy-outs, closely linking the interests of managers and shareholders and taking advantage of easy credit.

and easy credit helped maintain a free flow of goods, jobs, and money.

They have warned that availability of easy credit and low interest rates are driving up property prices to unsustainable levels.

In some countries, notably Greece, easy credit led to an upsurge in public sector borrowing.

This industry exploded in recent years, fueled by a surge in students and easy credit.

The forceful policy allowed companies to gorge on easy credit and speculate on properties and stocks.

The financial marketplace, meanwhile, has become a dizzying emporium of choice and easy credit.

But Chinese companies do have large savings and easy credit, enabling them to quickly pile into new investments.

But rising leverage eventually bred easy credit and overvalued homes.

The easy credit money from the west that fuelled it has now fled.

Fact 1: Pre-recession housing prices were a historic anomaly based on easy credit caused in part by misguided government policy.

For the past several years, most of China's GDP growth has come from a massive investment boom fuelled by easy credit.

Easy credit and frenzied investment, he argued, were creating a huge bubble in the prices of property and other assets.

Easy credit fuelled debt in households and the financial sector.

Easy credit helped fuel an explosion of development.

In the months ahead, China's economy will instead be driven by the government's $585 billion stimulus spending program and easy credit.

Easy credit fueled the prosperity of the past decade.

Easy credit fueled the market's last ascent.

The business of flipping copper in China has grown in recent years amid easy credit and soaring copper prices.

Low interest rates and the easy credit flows lead a bussiness boom.

Rapid economic growth and easy credit caused real estate prices in many parts of Asia to rise sharply late last year.

Driven by a surge of investment and easy credit, the economy grew by 10. 2% year-on-year, even faster than last year's annual rate of 9. 9%.

In addition to low interest rates, another common explanation of the housing bubble is easy credit.