12万亿化债大幕拉开,华西证券首席经济学家刘郁带你理解资产定价新逻辑

华尔街见闻
28 Feb

据国际金融研究所(IIF)数据显示,截至2023年全球债务水平已经达到313万亿美元,是同期美国GDP总量的11.5倍!在享受债务扩张带来的近二十年经济增长后,如何偿债、化债已经成为全球所有国家都将密切关注的核心议题。 无论是美国次债危机,还是日本“失落的三十年”,债务化解的路径与政策选择都深刻影响着经济走势与资产价格。 如何理解中国的化债逻辑? 如何在化债周期中捕捉投资机会? 这些问题已成为所有...

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