Sentences with phrase «us debt default»

We don't want to fan debt - financed appreciation in the price of a major asset because when the escalation reverses, it can trigger a self - feeding spiral of debt defaults.
As promised, Laval, Quebec - based Valeant Pharmaceuticals (vrx) released its much delayed 2015 annual report Friday — likely averting the danger of a debt default.
And «when people talk about a possible European nation debt default, we're talking about something that could happen within 12 to 18 months fairly easily.»
U.S. President Barack Obama speaks in a rare prime - time address as polarized lawmakers failed to rally behind a plan to avert a disastrous debt default perhaps just one week away.
For years, investors in U.S. stocks shrugged off threats — a government shutdown, fear of a euro collapse, a near U.S. debt default — and just kept on buying.
The 2011 showdown that led the U.S. to the brink of a debt default and then a government shutdown was about ideology and party politics.
His aides have made clear they believe the U.S. public would blame Republicans - not Obama - if the nation is forced into a debt default that he has said would be «catastrophic» for the world economy.
The U.S. seemed to take a few steps back from the brink of debt default Friday, but the edge stills seems dangerously close.
WASHINGTON — A U.S. debt default in the event that a politically divided Congress fails to raise the federal borrowing limit would imperil the entire global economic recovery, a senior International Monetary Fund official warned Wednesday.
But if there is any panic selling due to some event, such as a sovereign debt default in the eurozone, that could be a time to jump in.
The nation may need another $ 15 billion, according to the European Union, and Standard & Poor's said a debt default may be inevitable as it cut Ukraine's credit rating to CCC - last week, nine steps below investment grade.
The U.S. banks are not vulnerable to the contagion effects of a debt default by the PIIGS but Washington has some major league debt issues of its own.
It included the Asian crisis, the Russian debt default and the collapse of LTCM, large falls and large rises in oil prices.
A debt default might be the final straw for them.
«The consequences of a debt default would be harmful not only to the U.S. economy but also globally, given the importance of the U.S. Treasury market as a global financial benchmark,» they wrote.
One third of U.S. real estate already is reported to have sunk into negative equity, squeezing state and local tax collection, forcing a choice to be made between bankruptcy, debt default, or shifting the losses onto the shoulders of labor, off those of the wealthy creditor layer of the economy responsible for loading it down with debt.
We'll have to watch carefully for fresh corporate debt defaults in the weeks ahead.
Between June and July 2015, it appeared that the divergences separating the Greek far - left Tsipras government and its EU and international interlocutors had the potential of leading to a sovereign debt default.
We write this letter at a time of unusual macroeconomic uncertainty given the twin possibilities for governmental shutdown and federal debt default.
Compared to most other countries» sovereign debt, there is little risk of a U.S. debt default.
China's leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources involved in policy - making.
If I were thinking about purchasing GECC's debt, I would first ask myself the following question: In the event that GECC were on the verge of a debt default and a bailout by the parent company would require a sum of money that would put undue hardship on GE, would GE guarantee GECC's debt?
The idea is otherworldly and has no possible chance of being enacted, because it would cause a vast debt default as a result of plunging prices, incomes and employment.
Credit default swaps are held by some investors for insurance against debt defaults.
Banks for their part (and indeed, bank regulators and the Federal Reserve) need to decide at what point to cut back their mortgage lending so as not to fuel an overpriced market and have to deal with debt defaults.
Investors may not take a hit directly from the Puerto Rico debt default, but there are still lessons to be drawn.
NEW YORK — The prospect of a U.S. debt default has unnerved investors, corporate executives and foreign leaders.
The typical delinquency period before a credit card debt defaults is around 6 months.
Tensions between the two states mounted in August 2014, when a U.S. court declared Argentina's plan to address its debt default to be illegal.
Once a credit card debt defaults, it will trigger an aggressive debt collection process, during which borrowers are contacted frequently by collection agencies.
By rejecting debt default as an option, they created the ultimate moral hazard problem.
In the last few years we've had a housing bubble, a credit bubble, runaway government spending, soaring gas prices, a global recession, high unemployment, the risk of a U.S. debt default, a fiscal crisis in Europe, and the threat of severe inflation.
The write - down was applied to $ 198 billion of Greek bonds, making it the biggest debt default in history.
This has left the U.S. economy with a much more leveraged balance sheet than before the last crisis, and with much greater sensitivity to equity risk and debt default than at any point in history.
Making matters worse, companies lacked access to capital markets due to the Argentina sovereign debt default in 2001.
More generally, the European Union (EU) is perceived by many to be in crisis, buffeted by the twin threats of sovereign debt default...
Googling «debt default good governance correlation» returns a number of papers exploring this connection.
«When countries that had public finances in a comparable state to ours last May are still fighting off the terrible spectre of sovereign debt default, it would be terrible folly to slow the pace of what is widely regarded as a necessary fiscal consolidation.
Several Republican donors said watching that effort run into headwinds among conservative House members, combined with the tortured standoff over the government shutdown and potential debt default, had left a sour taste in their mouths.
After the government shutdown and the startle of debt default, is it possible for the US government to issue bonds, and borrow money from other countries?
The betting odds (at time of writing) on a partial US debt default this year were 6/4 - Default and 1/2 - No Default.
For now, most investors and forecasters seem to expect a lot of bluster from the White House and Republicans, followed by an eleventh - hour agreement that avoids a government shutdown or debt default.
Talk of the end of dollar supremacy is about a century too soon, despite the possibility of US government debt default and financial crisis (19 October, p 4).
Once a credit card debt defaults, it will trigger an aggressive debt collection process, during which borrowers are contacted frequently by collection agencies.
Scores below 580 are indicative of a consumer's poor financial history, which can include late monthly payments, debt defaults, or bankruptcy; individuals in this «subprime» category can end up paying auto loan rates that are 5 or 10 times higher than what prime consumers receive, especially for used cars or longer term loans.
Serious debt defaults however fell more than 13 % in that same period to all - time lows.
Indeed, in the event of a near - term expectation of debt default, we would probably see 1 - year Greek yields spiking above 40 %, and 3 - month yields well above 100 % annualized (which would be associated with 3 - month bills trading well below 85 % of face).
But ultimately a US debt default would have cataclysmic consequences for the financial economy, bankrupting the entire system.
Sovereign debt defaults are scary, but should they be?
A sovereign debt default is never a pleasant experience, least of all if it is a country the size of United States.
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