Comment on Need to Know: This recession will finally end the private-sector ‘debt supercycle,’ says firm that invented the term

Need to Know: This recession will finally end the private-sector ‘debt supercycle,’ says firm that invented the term

“The shock of the recession and destruction of wealth will leave a legacy of increased financial caution with households wanting to build precautionary savings and companies striving to repair damaged balance sheets,” says Martin Barnes, chief economist at BCA.

 

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