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all right so it may be time to sound the alarm guys a credit crunch is coming so what does this mean for you guys and for the economy were going to be covering that and more in todays episode so stick around all right so recently its been very obvious increasingly difficult for both businesses and consumers to obtain loans and experts are now worried that this could lead to a full-blown credit crunch which could have serious repercussions on the economy as a whole on one hand the Federal Reserve has been hiking interest rates since March of 2022 in an effort to control inflation as we all remember inflation really started peaking at a staggering 9.1 percent in June of 2022 the FED strategy was then to make borrowing money more expensive through a series of predictable interest rate hikes however something unexpected has happened with the failure of Silicon Valley Bank the collapse of svb was the second largest banking collapse in U.S history and as a result the experts are now conce