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Debt

Reflections on Dinny McMahon’s Book on China’s Great Wall of Debt

April 17, 2019 by Jonathan Rochford

Dinny McMahon

Using a combination of hard data, analysis and anecdotes, Dinny McMahon lays out why China’s economy must eventually face up to its great wall of debt

Filed Under: Book Reviews Tagged With: China, China's Economy, China’s Great Wall of Debt, Debt, Dinny McMahon

Is Australia Ready for the Next Financial Crisis?

January 14, 2019 by Jonathan Rochford

Red warning triangle with dollar sign inside saying financial crisis ahead

Have governments and regulators acted to lessen the likelihood and severity of a potential downturn in Australia across the banking/financial system, monetary policy, fiscal policy, taxation policy and competition policy?

Filed Under: Australia Tagged With: Australia, Debt, Financial Crisis, GFC

The Arguments Against Austerity are Simplistic and Short Term

October 26, 2018 by Jonathan Rochford

Recent articles arguing against austerity lack logic and economic analysis. This article demonstrates why austerity is the better long term prescription.

Filed Under: Government Tagged With: Austerity, Debt, Monetary Policy

BIS Nails the State of Global Corporate Debt

September 1, 2017 by Jonathan Rochford

The Bank for International Settlements (BIS) quarterly report is always worth the read. Whilst it is academic in style and length, it consistently raises material that matters. Taken from the September report, the graphic below highlights the big issues for global corporate debt. The rest of this short article explains each component and its importance.

Filed Under: Debt Tagged With: Corporate Debt, Debt, Gobal Debt

Emerging Market Debt: Dumb, Dumber and Dumbest

August 1, 2017 by Jonathan Rochford

Debit Card

One of the classic signs that the credit cycle is nearing the end is that borrowers that shouldn’t be getting financed not only get funded, but get it at terms that seem crazy.

Filed Under: Debt Tagged With: Debt, Emerging Markets

Beware of Greeks Selling Bonds? (A 5 C’s Analysis of Greek Debt)

April 18, 2014 by Jonathan Rochford

This article uses the 5 C’s of credit to analyse the creditworthiness of Greece and to provide an opinion on the recently issued bonds.

Filed Under: Debt Tagged With: Debt, Greece, Greek Bonds

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