Sentences with phrase «by record levels of debt»

But much of that is contingent on consumer spending, which is being financed by record levels of debt.

Not exact matches

According to the Institute of International Finance (IIF), global debt levels rose by a further $ 21 trillion last year (US dollars), leaving total outstanding debt at $ US237 trillion, the highest level on record.

However, I suspect that spending by the average household, strapped with a record level of debt, will continue to contract — especially spending on discretionary items.

There should be no reason why digital platforms, transformed by gamification, shouldn't create a next generation that reports appropriate levels of debt and record levels of assets and net worth.

The current bubble has been created by a record level of money printing and debt creation globally.

Even after record - level maturities in the September quarter, gross issuance of non-government debt into the domestic market was sufficient to see the stock of such debt outstanding rise to $ 134 billion by end September (Graphs 59 and 60).

«Since 2009, US companies have spent a record $ 3.8 trillion on share buy - backs financed by historic levels of debt issuance.

However, at a glance, the consultants recorded a 42 % level of implementation across the 36 states, other percentages are 60 % for Public expenditure reforms as against 69 % from the NGF, 56 % for PFM which is the same with what the Forum recorded and 35 % level of implementation for public debt as against 54 % recorded by the NGF.

«The choice for Republicans is clear: they can keep Richard Hanna, who votes to raise taxes, to extend U.S. debt to economically dangerous levels by voting with Obama, Reid and Pelosi to raise the debt ceiling while bankrupting our nation, or they can choose a commonsense Republican like me who has a proven record of voting to reduce taxes, voting against the implementation of Obamacare in New York, votes against funding an illegal database (including ammunition database) against legal gun owners, voting against increasing our debt ceiling in New York and supports countless initiatives to reduce the burdens of government red tape on individuals and small businesses, including family farms,» Tenney said.

The possibility of an increase in the prime rate offered by lenders comes as household debt levels sit near record highs.

It is estimated that 70 % of the population are carrying a crippling amount of debt and the amount of debt held by citizens has increased to record levels.

Furthermore, with deficits at record levels and interest payments on the national debt set to rise at a real rate of 13 percent annually over the next 10 years, interest payments could reach $ 725 billion and exceed defense spending by 2018 [13] if not sooner.

There is, however, a dark side to the consumer credit market, fuelled by convenient access to credit, eg record levels of consumer debt, an increase in irresponsible lending practices, ineffective legislative protection of consumers and financial exclusion.