Can you compute leverage of entire societies? For instance to compare risk of a developed society to a developing one? (both oil-based say)
Conversation
Replying to
A nation's available credit is a market-based aggregate of all the granular details of a nation's leverage, including perceived risk.
1
1
Replying to
And what ratio would you use to measure leverage? Debt:GDP?
1
Show replies
Replying to
How narrowly are you defining leverage? Financial leverage? Because I'd argue to should include the assets/liabilities more broadly.
1
Show replies
Replying to
Wouldn't that just be a factor of the sum of available credit plus cash reserves minus tariffs, embargos, and sanctions?
1


