Debt has consequences, a Goldman Sachs report notes, as it considers “the aftermath of Asia’s debt buildups,” which has seen significant accelerations over the past five years, particularly in seven regions including a slowing China.
China has been leading debt boom, but trend is leveling
China, Japan, Hong Kong, Thailand, Malaysia, and Singapore are all Asian nations the outstripped Goldman’s debt buildup thresholds in the five years ending in 2013, but the pace of their leveraging has slowed somewhat in 2014.
As the slowing growth of China in 2015 and a “beautiful deleveraging in Japan,” as a recent Bridgewater Associates piece...


