Forbearance: Under Appreciated, but Not Forgotten
Marc Chandler
January 14, 2014
The major economies are recovering, but their debt burden remains substantial. The regulatory regime for banks has tightened. Many economists, including Rogoff and Reinhart, in a paper at the end of last year, warned that the high income countries may still have to adopt policies that have been more common in developing countries, like debt rest…
Forbearance: Under Appreciated, but Not Forgotten
Reviewed by Marc Chandler
on
January 14, 2014
Rating:
Reviewed by Marc Chandler
on
January 14, 2014
Rating:
