Recent events have made it painfully clear that the US economy was given a significant boost this decade through massive injections of the economic growth hormone known as credit. I've even taken to characterising the seemingly insatiable need for this brand of growth stimulant as our economy's jones, or addiction, to credit. And as the stimulation has been withdrawn, many are shocked to find that weaning oneself off the addiction is no walk in the park.
So as we look back on this period of unpre
The week on Risk.net, November 17–24, 2017Receive this by email