Sentences with phrase «carrying record levels of debt»

Those consumers are carrying record levels of debt, so it's unlikely they can be counted on to carry the economy for much longer.

Not exact matches

Any number of shocks could send Canada's house of cards tumbling, the bank says, particularly higher borrowing costs that pinches households already carrying record high levels of debt.

So even with a high level of debt, the carrying costs of that debt, are also at record lows, so if you have a good income you can carry high levels of debt.

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.

Brett Arends noted in an August 4 article for Marketwatch that U.S. non-financial corporations are carrying debts equal to 50 percent of their actual net worth, and that is «near record levels, and far above historic averages:»

Ontarians continue to carry record levels of personal debt and for many residents, a consumer proposal or a personal bankruptcy becomes the only way out of financial trouble.

Our central bank is especially concerned about the record level of household debt we're carrying.

It is estimated that more than two - thirds of individuals are carrying crushing amounts of debt and the total debt of consumers across the nation has reached record levels over the last decade.

Lending standards have relaxed some; still, young buyers already carrying record levels of student debt can struggle to qualify.