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Ending the Era of Ponzi Finance
: Ten Steps Developed Economies Must Take
Daniel Stelter, Ralf Berger, Jendrik Odewald, Dirk Schilder
December 2012
Record levels of developed-world debt amount to a Ponzi scheme in which future wealth has been used to fund today’s consumption. Political and business leaders need to acknowledge that many of these debts will never be repaid and embrace debt restructuring and defaults. It is time to act.
Read more on bcg.perspectives
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Winning in a Slow-Growth Economy
Surviving and thriving in the downturn is the theme of our Collateral Damage series, which includes some practical steps that companies need to take now to secure their future.
READ
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