Why does the loan leverage have to go? The danger is more terrible than you think.

Leveraged loans refer to some private equity companies borrowing from banks, fund companies and other financial institutions through large debts to acquire companies with stable capital flows in some mature industries. Private equity companies increase the debt ratio of the acquired company by injecting funds into banks, but if private equity funds do not have enough interest repayment ability when the funds expire, this leverage does not exist.

There are also such loan leveraged speculators in the private sector. The most popular joke is that "a couple in Beijing have a house, and only the wife's name is written on the real estate license, and then they get a fake divorce." The market price of the house is 7 million, and the wife sells it to her husband for 6.5438+million, with a down payment of 3 million and a bank loan of 7 million. Then the husband and wife get a 7 million house to live in, 7 million can be used for investment income, and the house has a rising premium. House prices have fallen, so let the bank take the house directly, and there is no loss. " Of course, it's just a joke. Just listen.

This situation does not exist at all. Banks will definitely review loans, and the evaluation will generally be lower than the market price, so it is not feasible to raise housing loans. Moreover, the behavior of the two couples belongs to fraud, and more than 200,000 is already huge. It is estimated that 7 million people will spend the rest of their lives in prison.

This also shows that most of China residents' debts are on mortgages. As can be seen from the 20 15 China Family Finance Report, China's household savings are extremely unbalanced, with 55% of households having no or almost no savings, while the household savings rate of the highest income 10% is 60.6%, and the savings amount accounts for 74.9% of the total savings in that year. The savings rate of households with the highest income of 5% is 69.02%, and the savings amount accounts for 6 1.6% of the total savings in that year. What crises are hidden in China's loan leverage at present?

First, the debt leverage is growing too fast.

In 20 17, the leverage ratio of residents was less than 20%, and it reached 55% in 20 17. This cliff-like growth is very unhealthy, and this index in developed countries is growing steadily. In addition to the apparent leverage, there are many hidden leverage ratios that we can't obtain accurate information, such as credit card overdraft, real estate mortgage and so on.

Second, it affects economic development.

Credit can promote the development of enterprises, but the excessive growth of credit will have a direct danger to the economy. The book The Rise and Fall of a Country mentions that if the debt and GDP of a country's non-financial private sector increase by more than 40% in five years, it is very likely to fall into an economic crisis.

Therefore, we can see that the current credit leverage in China has planted a time bomb for the future economy, and measures must be taken to rectify it, standardize the market and promote the healthy development of the economy.