This leverage, the proportion of debit to equity, is considered important in determining the riskiness of an investment; the more debt per equity, the riskier

Excesses in capital accumulation have been blamed for exacerbating economic upswing problems. For example, prior to the birth of the Bulky Depression debt/GDP ratio was very high. Economic agents were heavily indebted. This excess of debt, equivalent to excessive expectations on next returns, accompanied asset bubbles on the stock markets. When expectations corrected, Federal Debt Relief System Complaints deflation and a credit crunch followed.