Varalleoloaikaa
Varalleoloaikaa, also known as the "bad loan period," refers to a phase in the financial cycle where the value of assets, particularly mortgages and other loans, declines significantly. This phenomenon is often associated with economic downturns, high-interest rates, and a decrease in property values. During varalleoloaikaa, banks and financial institutions may face increased risk of default on loans, leading to potential losses and financial instability.
The term originates from the Finnish language, where "varalle" means "mortgage" and "loaikaa" translates to "period."
The impact of varalleoloaikaa can be profound, affecting both individuals and businesses. Homeowners may struggle with
Varalleoloaikaa is a natural part of the economic cycle and is often followed by a recovery period,