Surveillance: Debt Pressure with Malpass
Bloomberg Surveillance
00:00
The Politics of Inflation
There is certainly evidence in the data of some contraction in lending and some tightening of lending standards. So I would distinguish a baseline and an adverse scenario. We dismiss that as politics, but I would love your answer with that to be us. What the policy implications are of the politics? Just simply, if China is reticent to join the West in restructuring debt, does that change your financial stability?
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