What ever happened to deleveraging? Spence


McKinsey notes that gross debt has increased about $60 trillion – or 75% of global GDP – since 2008. 

A global economy that is levering up, while unable to generate enough aggregate demand to achieve potential growth, is on a risky path.

Michael Spence, Project Syndicate 27 April 2016

Kommentarer

Populära inlägg i den här bloggen

Niklas Ekdal, bunkergängets apologet

Röd Öppning - Red Opening

Tickande bomben i Heimstaden AB