Unhealthy impulses

15 April 2013 By John Foley

First-quarter growth of 7.7 percent is even more disappointing given the 58 percent increase in financing shoveled into the economy over the same period. Bank lending to companies has gone into reverse, and what has picked up the slack may be less likely to go to productive use.

This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)