# "The Banks Are Melting", and Signs of a Major Credit Contraction Are Already Starting to Emerge

## Metadata
- Author: [[Michael]]
- Full Title: "The Banks Are Melting", and Signs of a Major Credit Contraction Are Already Starting to Emerge
- Category: #articles
- URL: http://theeconomiccollapseblog.com/the-banks-are-melting-and-signs-of-a-major-credit-contraction-are-already-starting-to-emerge/
## Highlights
- We haven’t seen anything like this since 2008, and every month this crisis just seems to escalate even more. ([View Highlight](https://instapaper.com/read/1591447724/22169882))