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Bus/Financial - Finance (general) | | English term or phrase: crowd out the good kind | Local governments have borrowed hand over fist to fund big building projects, from roads to giant town squares. China’s National Audit Office identified 10.7 trillion yuan of local government debt outstanding at the end of 2010. For big banks like ICBC and China Construction Bank, it accounts for nearly 10 percent of loans; at some smaller listed banks twice that. Some 3 trillion comes due in 2012 and 2013. It’s fair to assume most of that will be evergreened.
The problem when banks “extend and pretend” is that dud loans crowd out the good kind. |
| AgostinoKudoZ activityQuestions: 641 (none open) ( 17 closed without grading) Answers: 0
| Local time: 04:50
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| | Selected response from:
 Federica Masante
Local time: 04:50
| Grading comment Ciao Federica, ciao a tutti,
grazie mille. Agostino
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4 mins confidence:  
4 mins confidence: peer agreement (net): +1
2 hrs confidence: peer agreement (net): +1 buttano/spingono fuori a forza (dal mercato)
Explanation:
crowd out - definition of crowd out by the Free Online Dictionary ...
www.thefreedictionary.com/crowd out - Diese Seite übersetzen
Verb, 1. crowd out - press, force, or thrust out of a small space; "The weeds crowded out the flowers". force out · displace - cause to move, usually with force or ...
mi è venuto automatico pensare agli uccellini neonati che spingono i fratelli fuori dal nido...
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The translation workplace 
