Phrases with «debt binge»

The phrase "debt binge" refers to a situation where someone or a group of people borrow a lot of money without thinking about the consequences. It means they are taking on large amounts of debt quickly and continuously, often without the ability to pay it back properly in the future. Full definition

debt binge

Sentences with «debt binge»

Double the Deficit: After an unprecedented debt binge by Congress, the dust has settled and we estimate that 55 percent of next year's deficit will be a result of legislation passed since 2015 — mostly last year's tax cuts and this year's bipartisan spending deal. (crfb.org)
As a licensed insolvency trustee firm, our practice is on the front lines of Canada's household debt binge and the bad personal finance habits that ensnare so many people. (canadianbusiness.com)
There are certainly risks to China's growth outlook, including the country's recent debt binge. (blackrockblog.com)
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Phrases with «debt binge»

Sentences with «debt binge»

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