This recession will finally end the private-sector ‘debt supercycle,’ says firm that

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This recession will finally end the private-sector ‘debt supercycle,’ says firm that invented the term

“The shock of the recession and destruction of wealth will leave a legacy of increased financial caution with households wanting to build precautionary savings and companies striving to repair damaged balance sheets,” says Martin Barnes, chief economist at BCA.

https://finance.yahoo.com/m/842b4b7...a7/this-recession-will-finally.html?.tsrc=rss
 
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