Tag: economist article
Deleveraging is the word of the year
The Economist featured this great article today about the fact that not only financial firms but businesses and individual households will be forced to deleverage over the course of the next few years. Among the points that I found interest in: *In the near term delveraging of banks, hedge funds, and households will likely depress [...]
Posted: September 29th, 2008 under Credit, Credit Crisis.
Tags: credit, credit crisis, debt to GDP ratio, deleverage, economist article, unwinding of credit
Comments: 4