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The process of deleveraging [reducing debt] is going to be uncomfortable, but not a disaster".
"Maintaining low market interest rates is also crucial in an economy as indebted as the UK; it smoothes the process of deleveraging".
"We cannot change what happened in the past, but we can ensure that we manage the process of deleveraging as best we can.
The process of deleveraging still has several years to go and will slow growth.The condition of banks is another cause for concern.
The process of deleveraging kept rich-world inflation subdued (chart 2).Robust demand and loose monetary policy let it accelerate in India and China.
Some reputable economists, such as Carmen Reinhardt, believe the Administration is being too optimistic, and that the process of deleveraging the U.S. economy will be long and painful: this is the Japan scenario.
Similar(41)
Now, the argument goes, consumers are focussed on paying off that debt instead of spending freely, and, as long as this process of "deleveraging" continues, the economy is going to stay stuck in the doldrums.
Additionally, inflation would lower the value of many people's debt burdens and so help with the painful process of deleveraging.
The failure of the United States government to emerge as a willing buyer for hundreds of billions of dollars of toxic assets will accelerate the painful process of deleveraging, bringing with it more bank failures.
That is due, more than anything, to the painful process of deleveraging, as banks and borrowers work off a mountain of debt.There are, however, glimmers of a turn-around.
Some economists even see an end to the long, hard process of deleveraging — as they refer to the cutting of debt relative to income or the nation's economic output.
More suggestions(15)
the process of translation
the process of transformation
the process of photosynthesis
the process of colonization
the process of revision
the process of education
the process of assimilation
the process of delivery
the process of transport
the process of assessment
the process of examination
the process of repair
the process of consultation
the process of consolidation
the process of convergence
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com