信用 しんよう膨張 ぼうちょうではありませんでした
shin'yō bōchōdewārimasendeshita

Noun
Desu Copula

The polite, past negative form of 信用膨張

1. Was not credit expansion.; Was not a credit bubble.

Past/Perfective
Negative
Polite
Formal Register
Finance