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The economic effect is less debt reduction.
So there will be less debt paydown".
Firms reporting small losses issue significantly less debt than firms reporting small profits.
They also have more cash on hand, and less debt.
You want higher wages, lower taxes, less debt?
Nowadays the buy-out firms' deals involve much less debt.
Is that because France has less debt outstanding?
Households still have much less debt than do American ones.
We are talking about 50percentt or less debt.
But living with less debt will present a second set of longer-term challenges.The road to purgatoryA rich world with less debt would look very different.
While for companies that face less debt financing constraint, the leverage is positively related to diversification degree.
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