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"The real problem isn't bankers not lending but borrowers not borrowing," says Mr Koo.For companies still eager to borrow, the banks are not the only option.
That they're not borrowing to buy art.
European banks are not borrowing as much, and they're not borrowing for as long as they could three months ago".
Households are deleveraging and defaulting, not borrowing more to fuel consumption".
That's the real secret to job creation – not borrowing and spending more money in Washington.
So far, at least the city is not borrowing to pay its day-to-day bills.
Ford is the only Detroit automaker not borrowing money from the federal government.
And debt-to-G.D.P. ratios will rise when economies shrink, even if the government is not borrowing more money.
As a result, he said, investors were expecting Kodak to be selling assets to generate cash, not borrowing.
Consumers are just not borrowing like they used to, said Bruce Thompson, Bank of America's new chief financial officer.
"We're not borrowing," said Robert Megna, the state budget director and one of the governor's top advisers.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com