Definition of crunch creep

This term refers to unforeseeable social and economic effects and trends of the credit crunch. [1]

Example
“Just over nine months after Iceland’s banking sector collapsed, the country is experiencing a baby boom …. Some commentators have seized on the spike as evidence Icelanders are finding comfort in relationships and family life amid the rubble of their shattered economy.” [2]

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Iceland delivers ‘crisis’ baby boom

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