Some interesting charts from Liu, Yan and Rosenberg, Christoph B., World Economic Outlook, April 2013. IMF Working Paper No. 13/44. Available at SSRN: http://ssrn.com/abstract=2229653
Chart 1 below details the extent of the debt overhang in a number of countries:
Charts 2 and 3 outline the problem relative to financial assets available to offset the debt (theoretical offset, obviously):
Non-performing loans problem...
Quite telling, with no commentary needed, imo.
Chart 1 below details the extent of the debt overhang in a number of countries:
Charts 2 and 3 outline the problem relative to financial assets available to offset the debt (theoretical offset, obviously):
Non-performing loans problem...
Quite telling, with no commentary needed, imo.
2 comments:
Chart 1 is three years old...
As are charts 2 and 3 as well, clearly, per legend.
Post a Comment