yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

What is Beautiful Deleveraging?


less than 1m read
·Nov 8, 2024

A number of people asked me, "What is a beautiful deleveraging?" Well, first let me start with what is the deleveraging. Sometimes there's too much debt burden, which also means that somebody's holding too many debt assets and they're not going to get paid.

So, what is necessary is to bring those things down in relation to incomes, and so that's a deleveraging. What is a beautifully leveraging? A beautiful deleveraging is when that happens in a spread-out way over a period of time and in a balanced way.

Now, spread out, let me give you an example. If you can't pay all your debts, maybe you can pay 70 or 80 percent of those debts, and you spread that over a period of time. For those who are not getting those debt payments, then that shifts their burden over a period of time.

There are two ways of bringing down those debts: paying less or having the Central Bank print money, which produces some inflation pressures. When they do that, if they print a little bit of money and then you have the restructuring, they can balance each other and make it a smoother and less disruptive. That is a beautiful deleveraging.

More Articles

View All
Baby Making On Mars | StarTalk
We will actually send in each crew two men and two women. But of course we don’t know yet. Scientists don’t know yet if, uh, if fertilization works in reduced gravity of Mars. We don’t know how a fetus will develop in the reduced gravity of Mars. So befo…
Limits at infinity using algebra | Limits | Differential Calculus | Khan Academy
Let’s think about the limit of the square root of 100 plus x minus the square root of x as x approaches infinity. I encourage you to pause this video and try to figure this out on your own. So, I’m assuming you’ve had a go at it. First, let’s just try to…
Sharing Nkashi: Race for the Okavango with people of the Okavango Delta | National Geographic
Around the Okavango Delta, it isn’t just wildlife that relies on the waterways. The Delta is what we base our livelihood on. My relationship with mokoro goes way back to when I was a child. I was raised on it; I fish on it. It’s what I use to raise and pr…
Beautiful and Elusive: This Bird Is Losing Its Home | National Geographic
[Music] My name is Roger Factor. I’m a conservationist working for the Wildlife Conservation Society. Most of my weekend, actually, when I’m not busy doing some other thing on conservation, I’m out bird-watching. We are inside the Colloforus today, just…
Tuna Gods Sacrifice | Wicked Tuna
You know, I don’t remember marking so many fish coming. That downline not bitin’. I have to catch fish because I have responsibilities on land. You know, my kids depend on me. I have tuition to deal with, so it really takes a tremendous toll mentally on t…
Interpreting motion data | Physics | Khan Academy
Let’s learn about position time graphs and position time tables to analyze motion. Let’s start by considering a car going at a constant velocity. To create a position timetable, let’s take snapshots of it at, say, every five seconds. So here we go, boom! …