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Adapt op Die Poorer

机译:适应穷人

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摘要

Is it me or has the assetrnmanagement business been slow to adapt to a postcrisis economy that only vaguely resembles the economies we've known throughout most of the past 60 years ?rnThe greatest economic change has been the emergence of ubiquitous debt and its dominant potential influence on prices. In the U.S., for example, outright debt and future claims against the government have grown recently to eight times annual gross domestic product and to about 47 times the government's annual receipts. Such leverage is not limited to the public sector. The banking system has become overleveraged, undercollateralized and underinsured: Credit card losses taken by U.S. banks are at record highs and rising; bank loans 90 days or more past due are marching ever higher; and the FDIC is currently insuring more than $6.2 trillion in deposits, with only about $ 10.4 billion of reserves.
机译:是我还是资产管理业务在适应危机后的经济方面进展缓慢,而危机后的经济仅与过去60年来大部分时间里我们所熟悉的经济模棱两可?最大的经济变化是无处不在的债务的出现及其潜在的潜在影响价格。例如,在美国,直接债务和对政府的未来索偿权最近已增长到年国内生产总值的八倍,并增长到政府年收入的约47倍。这种杠杆作用不仅限于公共部门。银行系统已变得过度杠杆化,抵押不足和保险不足:美国银行遭受的信用卡损失创历史新高并在不断上升;逾期90天或更长时间的银行贷款正向更高的方向发展; FDIC目前为6.2万亿美元的存款提供保险,而储备金仅为104亿美元左右。

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