Debts That Cannot Be Paid Will Not Be

Total global debt has increased, growth has been slowing down since the onset of the global financial crisis in 2007 and has been rapidly decelerating after 2012. This may be a sign that the world has arrived at its debt carrying capacity or has even crossed it, meaning that capitalism is probably a...

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Veröffentlicht in:	Economic and political weekly 2017-07, Vol.52 (28), p.10-11
1. Verfasser:	ÖNCÜ, T SABRI
Format:	Artikel
Sprache:	eng
Schlagworte:	Bond issues Capitalism Debt Delinquency Developing countries Economic conditions Economic crisis Economic growth Emerging markets Equity GDP Gross Domestic Product HT PAREKH FINANCE COLUMN International finance LDCs Macroeconomics Recessions Yellen, Janet L
Online-Zugang:	Volltext
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Zusammenfassung:	Total global debt has increased, growth has been slowing down since the onset of the global financial crisis in 2007 and has been rapidly decelerating after 2012. This may be a sign that the world has arrived at its debt carrying capacity or has even crossed it, meaning that capitalism is probably already insolvent.
ISSN:	0012-9976 2349-8846