The paper sums up various data from the Czech economy concerning the issue of the current so-called credit crisis, i.e. the situation when financial institutions are lending money to businesses only with a considerable amount of distrust and much more prudence than in the past. Based on specific...

The author analyses individual features of the current global economic development, coming up with a hypothesis that several independent factors, which would have occurred by themselves, too, combined at a given time and the concurrence thereof created a difficult and hardly predictable...