Downsides of Debt Forgiveness for Business

Paul Greaney
By Paul Greaney
September 13, 2020NTD Business

An influential British think tank says the UK should relax the rules on repayment of coronavirus debts. Its new study says almost 2 million jobs are at risk at companies facing insolvency without debt forgiveness. But while debt forgiveness sounds like a good thing, there are downsides. NTD asked Daniel Lacalle about them. He’s the chief economist at the Tressis Hedge Fund.

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