Markets

Debt mountain

Name: Debt mountain
Uploaded: 2012-03-06T11:48:12.461Z
Duration: 5 min 7 s
Channel: Financial Times
Description: Chris Watling on the dangerous deleveraging descent

It's exhilarating scaling a mountain but the descent is often much riskier. The same is true of scaling back a debt mountain. Chris Watling, CEO of Longview Economics, explains to John Authers, the FT's Long View columnist, that deleveraging could still have many years to run. Indeed, the process has barely started.

March 6, 2012

Produced by Darryl Thomson. Filmed by Rod Fitzgerald and James MacDonald.