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There Are No More High-Speed Collisions, Only ‘Parking Accidents’

Does corporate leverage pose a systemic risk? Some perspective...

Does corporate leverage pose a systemic risk? Some perspective...
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2 comments on “There Are No More High-Speed Collisions, Only ‘Parking Accidents’

  1. Anonymous

    Hmmmmmm Polly Annish is on line 3 wanting to say she agrees with most everything written.

  2. Peter Lovingston

    Households and fin might have de-leveraged, but most of that is them ‘re-routing’ their cash to PE and VC. It’s the same net effect, but it ‘looks’ like less leverage in the overall market.

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