Debtopia: Velocity Of Debt Creation In Asia A Margin To Equity Concern
Has debt creation, or Debtopia, gone a little too far, a little too fast? Is Asia the world leader in violating statistical margin to equity levels?
A report from UBS Global Research, noting ballooning private debt, raises an increasingly common concern in the region: rapidly expanding debt and leverage ratios. “Debt is the problem, not the solution,” UBS Global Economists Duncan Wooldridge and Silvia Liu pointedly observed in the . . .
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