The report sees little reason for the fund to provide long-term loans to countries in deep poverty but not in acute crisis.
The debts owed by non-financial firms played a big role in Japan's crisis in the early 1990s but not in the global crisis in 2008.
"Leverage is acceptable in a stable economic environment, but not in an economic crisis," Geraud Charpin, a strategist at UBS, wrote last week.
The magnitude of our insignificance started to set in, but not in an existential crisis sort of way, more of an existential alertness.
"Brazil is facing some difficulties, but we're not in crisis territory," Mr. Quadros said.
Two detailed studies – the CQC's State of Care report published last week and the King's Fund's assessment of the coalition's health performance at mid-term released on Wednesday – paint a picture of a service under strain but not yet in crisis.
"We've got a lot more to do, but finally, we're not in crisis".
It has launched a cost-cutting drive but insists it is not in crisis.However, the company that reinvented the circus by eschewing traditional acts such as lion tamers and bearded ladies, and by targeting adults rather than children, is certainly finding it tougher going these days.
But the capitalist system is not in crisis.
