asterisk2a + baddebt   3

Why is the pound falling so sharply? - BBC News
Weak economic data is casting doubt on the future performance of the UK economy, with inflation persistently well below the Bank of England's 2% target and earnings growth slowing down from a six-year high. Earlier this month, figures for November showed that UK industrial output had suffered its sharpest decline since 2013. Looking further ahead, investors are worried about the outcome of a referendum on the UK's continued membership of the EU. As Andy Scott of foreign exchange services firm HiFX put it: "Concerns over the UK economy and the risk of a Brexit look likely to continue to haunt sterling." Traders are also generally more risk-averse in the light of the global turmoil caused by Chinese market problems and falling oil prices, which makes them reluctant to buck sterling's downward trend.
UK  BOE  Taper  ZIRP  NIRP  QE  liquidity  trap  debtoverhang  consumer  debt  household  debt  credit  card  debt  mortgage  market  industrial  policy  austerity  monetary  policy  fiscal  policy  Richard  Koo  zombie  consumer  zombie  banks  zombie  corporations  monetary  transmission  mechanism  monetary  theory  unconventional  monetary  policy  Mark  Carney  MPC  energy  policy  energy  price  competitive  competitiveness  STEM  underinvestment  tax  evasion  tax  avoidance  corporate  welfare  corporate  tax  rate  subsidies  subsidizing  secular  stagnation  immigration  migration  job  creation  low  income  Service  Sector  Jobs  recovery  GFC  bank  bailout  budget  deficit  London  Scottish  Independence  Scottish  referendum  Devolution  Brexit  uncertainty  unknown  unkown  global  economy  credit  bubble  debt  servitude  Super  Cycle  student  loan  debt  student  debt  baddebt  NPL  private  debt  economic  history  Niall  Ferguson  democracy  Super  Rich  1%  oligarchy  plutocracy  Gini  coefficient  inequality  social  mobility  income  mobility  Precariat  Zero  Hour  Contract  precarious  work  Contractor  low  pay  minimum  wage  George  Osborne  Tories  dogma  ideology  Conservative  Party  neoliberal 
january 2016 by asterisk2a
Sorry to burst your bubble | The Economist // "According to two new papers, the crucial variable that separates relatively harmless frenzies from disastrous ones is debt." // see China Stock Market leverage pop mid 2015 - with its huge rise in margin debt trading ... money which was flowing out of the property market into the Stock Market // // &! so if it is about debt - UK mortgage market & consumer/private debt of all kind (loans and credit card debt) does qualify as they took up what was cut by austerity. Plus the Supply Demand distortion, with new builds/project at a decades lowest. // Question for China. The China problem. Can they make their system sustainable before it will crush everyone. // The most obvious is China. But the next one will be different & greater than all came before. Period. Still, UK had not a housing bubble collapse on its own making. Only through endogenous circumstances. UK recession as UK economy runs mostly on consumer sector & debt)
leverage  debtoverhang  equity  bubble  regulation  self-regulation  regulators  debt  servitude  consumer  debt  sovereign  debt  crisis  debt  bubble  Super  Cycle  household  debt  private  debt  economic  history  KennethRogoff  carmenreinhart  Greenspan-Put  ZIRP  NIRP  QE  margin  trading  margin  debt  asset  liquidity  economic  damage  asset  bubble  asset  allocation  distortion  behavioral  economics  behavioral  finance  mortgage  market  UK  credit  card  housing  market  property  bubble  Funding  for  Lending  Scheme  Help  to  Buy  Scheme  fiscal  policy  monetary  policy  macroprudential  policy  sustainability  sustainable  NPL  zombie  banks  zombie  consumer  economic  model  economic  irrational  exuberance  macroeconomic  policy  economic  growth  debt  monetisation  reflation  debt  monetization  consumerist  consumerism  consumer  confidence  business  confidence  business  financial  financial  crisis  GFC  balance  sheet  recession  Richard  Koo  deleveraging  baddebt  non-performing  loan 
july 2015 by asterisk2a
China Faces Delicate Task of Reining In Bank Lending -
When China announced three weeks ago that its economy had grown by 7.1 percent in the first half of this year, this country appeared to be a lone bright spot during the global recession.

But many economists now worry that too much of China’s growth was fueled by aggressive, state-directed lending that could eventually result in a soaring number of bad loans and mounting government debt.

While banks in the United States and Europe are still reluctant to make loans because of fears they will not get their money back, Chinese banks issued a record 7.4 trillion yuan, or $1.1 trillion, in loans during the first six months of this year, mostly to big state-owned companies and government infrastructure projects.
china  creditline  creditrisk  debt  banking  economy  baddebt  economics  asia  shortcut:bad  choice  made  / 
august 2009 by asterisk2a

related tags

/  1%  allocation  asia  asset  austerity  avoidance  baddebt  bailout  balance  bank  banking  banks  behavioral  BOE  Brexit  bubble  budget  business  Buy  card  carmenreinhart  Carney  china  choice  coefficient  competitive  competitiveness  confidence  Conservative  consumer  consumerism  consumerist  Contract  Contractor  corporate  corporations  creation  credit  creditline  creditrisk  crisis  Cycle  damage  debt  debtoverhang  deficit  deleveraging  democracy  Devolution  distortion  dogma  economic  economics  economy  energy  equity  evasion  exuberance  Ferguson  finance  financial  fiscal  for  Funding  George  GFC  Gini  global  Greenspan-Put  growth  Help  history  Hour  household  housing  ideology  immigration  income  Independence  industrial  inequality  irrational  job  Jobs  KennethRogoff  Koo  Lending  leverage  liquidity  loan  London  low  macroeconomic  macroprudential  made  margin  Mark  market  mechanism  migration  minimum  mobility  model  monetary  monetisation  monetization  mortgage  MPC  neoliberal  Niall  NIRP  non-performing  NPL  oligarchy  Osborne  Party  pay  plutocracy  policy  Precariat  precarious  price  private  property  QE  rate  recession  recovery  referendum  reflation  regulation  regulators  Rich  Richard  Scheme  Scottish  Sector  secular  self-regulation  Service  servitude  sheet  shortcut:bad  social  sovereign  stagnation  STEM  student  subsidies  subsidizing  Super  sustainability  sustainable  Taper  tax  theory  to  Tories  trading  transmission  trap  UK  uncertainty  unconventional  underinvestment  unknown  unkown  wage  welfare  work  Zero  ZIRP  zombie 

Copy this bookmark: