But the other credit crisis is equally consequential, and receives much less attention, even as it erodes societies’ integrity, productive capabilities, and ability to maintain living standards (particularly for the least fortunate). I know of very few Western countries where small and medium-size companies, as well as middle-income households and those of more limited means, have not experienced a significant decline in their access to credit – not just new financing, but also the ability to roll over old credit lines and loans.
另外一种信贷危机也同样重要，但其受到的关注却少得多，即使它损坏了社会的凝聚力、生产力以及人们维持自身生活水平的能力（尤其是对底层人群来说）。据我所知，绝大部分西方国家的中小企业、中等收入以及收入拮据的家庭都经历过信贷获取渠道显著下降——不仅针对新的融资，还包括更新过往信贷额度和借款的能力。