Deleveraging, What Deleveraging? The 16th Geneva Report on the World Economy

Originally posted on Vox By Luigi Buttiglione, Philip Lane, Lucrezia Reichlin, Vincent Reinhart The world has not yet begun to deleverage its crisis-linked borrowing. Global debt-to-GDP is breaking new highs in ways that hinder recovery in mature economies and threaten new crisis in emerging nations – especially … Read entire story.

Source: Credit Writedowns