Financial reforms cannot succeed unless there is effective restructuring and de-leveraging of the main chaebol.
There isn't a high risk, there has been no significant de-leveraging since the 1990's.
Yes, the U.S. is struggling, because it is caught in a de-leveraging cycle after a massive credit binge.
Gillian Tett explains that while the private sector is de-leveraging, the public sector is borrowing and spending more than ever.
This de-leveraging process should help support the value of the dollar and reduce the demand for gold as a refuge.
Policies which delay and try to deny the outcomes of de-leveraging (essentially the wipeout of phony asset values) usually prolong the misery.
Japan is positioned by size of its debt to be at risk of de-leveraging, but this is unlikely to happen in the immediate future.
No, banks and politicians here are more concerned about de-leveraging themselves from the scandals that have led to a widespread distrust of the financial sector.
The US economy is still undergoing a gradual process of de-leveraging from the high debt burdens of the 2000s that exploded when the housing bubble popped.
FORBES: Ugly Job Chart Just Got Uglier; Investors Doubt Washington
The important thing, from our point of view, is that the Europeans are de-leveraging, getting rid of debt, at least a little, around the periphery of Europe.
FORBES: The Real Danger Of Raging Debt Loads And Slow Growth
De-leveraging is de-printing of money and is certainly not inflationary.
For Matt Lloyd, vice president and chief investment strategist of Advisors Asset Management (AAM), heightened coverage and anticipation of the market's de-leveraging put banks and creditors on stand by.
Bernanke is worried about the parlous state of the de-leveraging U.S. economy, and possibly worried that the U.S. banking sector is not strong enough to weather more currency turbulence.
Bottom line is mixed blessing: 2011 will look a lot like 2010 with rising GDP growth, more attractive credit opportunities and volatile but rising equity markets biased toward Asian growth and continued de-leveraging in the West.
FORBES: Top J.P. Morgan Strategist (Anxiously) Bullish on 2011
The de-leveraging began in U.S. subprime mortgages.
FORBES: Springtime For Bailouts But Economic Zombies Still Roam
The causes of 1990-91 and 2007-09 were similar: Real estate collapse, stock market turbulence, financial engineering turkeys come home to roost, loan failures, taxes going up, a Middle Eastern war, a spike in oil prices and everybody de-leveraging at once.
In the frantic debate about the financial rescue plan put forth by the Treasury and the Fed, the focus has been on de-leveraging financial institutions and strengthening their balance sheets so that the flow of credit in the economy can resume.
Philip Isherwood, a strategist at Dresdner Kleinwort Wasserstein, points out that the de-leveraging story was anyway a mixed one in America, where many companies merely amassed cash and left gross borrowing intact, while others in troubled sectors did not even do that.
应用推荐