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Don't worry too much about the debt

John Redwood, Charles Stanley’s Chief Global Strategist, explains why debts are not much of a current constraint on the economic and stock market progress in most advanced countries.

by
John Redwood

in Features

29.06.2017

After the crash of 2008-9 there has been an aversion to debt and a caution about borrowing. Advanced country banks have been reined in by nervous regulators, keen to avoid a repeat of too much low grade lending. Meanwhile, governments have been less constrained about their own activities, building up bigger debts themselves.

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