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Debt levels should fall: BIS

September 05, 2010     No comments

LONDON – DEBT levels that ran up ahead of the financial crisis have shown only a modest decline since and are likely to fall sharply in the coming years, a study said. Household and corporate debt soared in many countries prior to the recent global financial crisis, but a report published on Sunday by the Bank for International Settlements showed that in almost all past crises the debt …

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Debt levels should fall: BIS

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