Sentences with phrase «then equity bubbles»
-- Deleveraging and the reverse wealth effect: I've written in lots of places how debt bubbles, like those involving mortgages, take a lot longer to work through then equity bubbles.
http://jaredbernsteinblog.com/ Not exact matches
«'' One variation I heard is that Paulson's buddies will form new companies and have G - Sax leverage loans and convert debt into equity that way as a way to keep up shareholder equity — then they will sell at the artificially high price back to others like them in a mini — bubble.