Confronting the Hazards of Rising Leverage
By Adolfo Barajas and Fabio Natalucci
عربي, 中文, Español, Français, 日本語, Português, Русский
Leverage, the ability to borrow, is a double-edged sword. It can boost economic growth by allowing firms to invest in machinery to expand their scale of production, or by allowing people to purchase homes and cars or invest in education. […]