Phrases with «reckless borrowing»

"Reckless borrowing" means borrowing money without thinking about or caring about the consequences or risks involved. Full definition

Sentences with «reckless borrowing»

  • The era of reckless borrowing which increased our debt to GDP ratio from 32 % at the end of 2008 to 73 % at the end of 2016 and placed a huge burden on this country, thankfully is over». (ghanapoliticsonline.com)
  • If it is mainly the highest - risk borrowers who take advantage of higher limits, or if the higher limits encourage more reckless borrowing in general, then default rates will climb, eating away at profit margins. (economist.com)
  • Labour's lurch to the left with their plans for reckless borrowing would be disastrous for our economy, as would a lurch to the right under the Tories with their unnecessary, ideologically - driven cuts. (welshlibdems.wales)
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