Sentences with phrase «bank debt trap»

So there could be a Central Bank debt trap if you will.

Not exact matches

Global Capitalism is trapped in its own Prisoner's Dilemma; forty four years after the end of the Bretton Woods System global central banks have manipulated the cost of risk in a competition of devaluation leading to a dangerous build up in debt and leverage, lower risk premiums, income disparity, and greater probability of tail events on both sides of the return distribution.

The ECB is trapped, already holding 40 % of sovereign debt, with Spain and Italy presenting major challenges, threatening to trigger a banking crisis in the not - so - distant future.

Banks treated young adults differently than those older; they issued credit cards without verifying ability to pay, which left some young people mired in debt or trapped with bad credit due to non-payment.

Until you do, you will not be eligible to borrow money at the best rates for things you want to do in the future and can fall into debt traps such as payday loans much easier than someone who understands how credit and bank accounts work.

They have their system down to a science, and it's all aimed at making the banks rich and trapping consumers in debt.

Secured by a post-dated check, direct access to a borrower's bank account, or a car title, these loans frequently trap borrowers in a cycle of debt.