Given the credit squeeze now afflicting Europe, it would be desirable to speed up the emergence of the good sort of non-bank finance.

鉴于目前信贷紧缩正在侵蚀欧洲，推动优良的非银行金融发展将比较有利。

America's credit squeeze is getting tighter and tighter, and that's leading a lot of big US companies to take shelter in bankruptcy court.

美国的信贷紧缩越来越紧，这导致许多美国大公司向破产法庭寻求庇护。