One of those economies is in Spain, where, after an enormous construction boom and bust, banks have struggled under a mounting burden of bad debt.
And it has underscored the human misery caused by the burden of bad debt that continues to vex the Japanese financial system.
"There are so many moral and pragmatic reasons why hospitals should be engaged in outreach and education," including to reduce the burden of bad debt and charity care, said Tina Weatherwax Grant, a vice president of Trinity Health, a large Catholic health care system based in Livonia, Mich.
Lincoln had become "burdened with bad debt resulting from its past aggressiveness, and by early 1986, its investment practices were being investigated and audited" by the Federal Home Loan Bank Board (FHLBB) over whether it had violated rules limiting certain kinds of risky, direct investments.
Lincoln had become burdened with bad debt resulting from its past aggressiveness, and by early 1986, its investment practices were being investigated and audited by the FHLBB: in particular, whether it had violated these direct investment rules; Lincoln had directed Federal Deposit Insurance Corporation-insured accounts into commercial real estate ventures.
Lincoln had become burdened with bad debt resulting from its past aggressiveness, and by early 1986, its investment practices were being investigated and audited by the FHLBB: in particular, whether it had violated these direct investment rules; Lincoln had directed accounts insured by the Federal Deposit Insurance Corporation into commercial real estate ventures.
In terms of national debt, Spain is nowhere near as bad off as nearly bankrupt Greece, whose debt burden is nearly 200 percent of the size of its economy.
China's policymakers do not want another lending spree that might burden the financial system with more bad debt, on top of the borrowing accumulated during the previous binge.
Not long ago, China's biggest banks were burdened with billions of dollars in bad debt and some believed the entire system could collapse.
Conventional wisdom tells us deflation is bad for jobs and growth, and that it causes the debt burden to weigh more heavily on households, companies and governments.
