A Comfortable Debt Trap for Banks
Monday, September 6, 2021
So even as the economy falls into ruin because of the pandemic, banks are still raking in profits. Meanwhile, the government is straining under its weight.
arsip tempo : 176326255061.
THE flow of banks loan can be an early hint of how the economy will move. If it flows rapidly into corporations, that is a good sign. We might see a faster economic recovery. Unfortunately, throughout July, banking credit slowed down again. This is the inevitable result of restricting public activity to prevent the spread of Covid-19.
Throughout July, credit flows only grew 0.5 percent year-on-year. This growth is slower compared to th
...
Subscribe to continue reading.
We craft news with stories.
For the benefits of subscribing to Digital Tempo, See More
