Participation in assets as a solution to the debt crises

Solution to these problems is the transition from debt financing to participation in assets.Decoupling between debts and assets are an integral part of the economy based on debt relations.So solution of financial instability in an economy based on the debt relation is not possible.To do this, deposits in banks should be divided into savings and participation in assets.Study of the debt crises.A significant contribution to the study of the debt crises is introduced by Minsky, who developed.There are the following ways to equal firms debts and their assets and so, solve a debt deflation.According to Fisher if over-indebtedness exists, this leads to debt liquidation.Credit boom accompanied by rising debt payments, could not continue persistently.At this stage the companies incomes allow them to repay debts.