$ 11 trillion was wiped out of private sector balance sheets as «paper gains» turned into real - life losses. (michael-hudson.com)
Moreover, investors who are long coal are betting that the costs of carbon emissions will continue to be borne by public sector balance sheets, disconnected from coal companies» earnings. (algore.com)
While the Fed has laid out its framework for assessing financial stability risks and mentioned specific metrics of leverage and private sector balance sheet health, there is uncertainty with regard to the threshold of those metrics that would trigger additional monetary tightening. (morganstanley.com)