Sentences with phrase «already unsustainable debt»

Not exact matches

On top of these troubles, they lack an independent monetary policy, possess minimal fiscal maneuverability due to already unsustainable levels of public debt, and have to work under a marked sense of urgency due to painful and untenable unemployment rates.

Yes, the Canadian housing market remains vulnerable to some weakness, and yes, more credit growth appears unsustainable for households that already have debt - to - income ratios of 170 per cent.