Could Non-Performing Loans Be The Next Trigger?Harrison Roger
In the financial world, debt is king. And, with an ever increasing financialization of many aspects of our lives, debt is becoming more, not less, important.
The increasing importance of debt, of course, makes it a connecting point with economic growth.
In this line of thought, one can reasonably ask – Could non-performing loans in Europe be the next trigger behind a global financial meltdown?
Loans that . . .
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