Who’s Afraid Of US Corporate Debt?
US corporate debt rose to 45% of GDP at the peak of the Great Financial Crisis that began in 2008 , the same level it reached at the height of the dot.com bubble in 2000/01
deleveraging
Standard Life: be patient, deleveraging is a long-term process
LONDON | Standard Life Investments, the global investment manager, said on Thursday that the debt deleveraging cycle was showing signs of improvement, especially in the US, while admitting that the process remains a long and complex one after such a major financial crisis. In the latest edition of Global Outlook, Standard Life Investments highlighted that one of the key features differentiating this business cycle from most of its predecessors was…