The move would fly in the face of the Chinese government's mission to bring down the country's soaring debt as the country finds itself reliant on leveraged growth. (cnbc.com)
Arch Coal Inc., Alpha Natural Resources Inc. and a handful of other coal companies all sought bankruptcy protection last year amid soaring debt loads and falling revenue. (ibtimes.com)
This forced upon its European trading partners the resulting unemployment pressure, although they were able to stave off unemployment with soaring debt for several years until 2009, after which debt levels reached their limits and unemployment in Europe duly soared. (carnegieendowment.org)