"The real problem is a feedback loop from the economy to credit losses," says Richard Berner of Morgan Stanley.
“实际问题在于从经济到信贷损失的反馈回路,”摩根·斯坦利的理查德·伯纳说。
Richard Berner, of Morgan Stanley, suggests that the pace of depreciation matters.
摩根·斯坦利的理查德。伯尔尼认为应该考虑贬值的步伐。
Richard Berner of Morgan Stanley notes that in the past decade the proportion of income that American households devoted to servicing debt rose from 12% to 14%.
摩根斯坦利Richard Berner认为在过去10年里美国家庭的收入中用于偿还债务的比率由12%增加至14%。
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