Sentences with phrase «caused public debt»
Not exact matches
Australia's latest political crisis, the potential dumping next week of the prime minister, Tony Abbott, is masking a far greater threat to the country — a fresh outbreak of the GFC caused by the dramatic build - up of private and public debt.
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China's public - sector investment, in other words, is value destroying, and because it is funded by debt, additional investment causes China's real debt servicing costs to rise faster than its real debt servicing capacity.
Meanwhile, federal law had also caused an explosion in the territory's public debt.
«The data so far this year raise a concern that, rather than reducing the public debt, the deficit reduction plans could be having the opposite effect because higher tax rates and austerity measures are causing economic growth to be weaker than expected.»
The most common of these generalisations is that high levels of public debt in the EU periphery are the overall cause of the Union's problems.
Massive pension debt crowds out other education funding, and in some cities, has forced reductions in crucial, basic public services, or caused large tax increases.
(and the gain is not tax free) The real cause of the increase in debt - to - income ratio is the following; 1) High taxation leaving fewer dollars in the hands of the public 2) Record low interest rates and relaxed lending criteria 3) The wealth affect of increasing Real Estate prices 4) ridiculous credit card interest rates 5) lack of real wage growth
The combination of decreasing public funding for higher education, spiking tuition rates and the rise of for - profit colleges «should cause policymakers to give people back the ability to have bankruptcy courts treat their student debts like any other debt,» Kelleher said.
Because low interest rates and quantitative easing — the buyback of public debt to help spur growth in the area's troubled countries — has caused high - quality stocks to rise without actually fixing the Eurozone's problems.
In 2010, George Osborne presented an austerity budget to the House of Commons claiming that the country faced an economic crisis with an unsustainable public debt, then at 64 % of GDP, and a huge deficit, and that this was the fault of the outgoing Labour government, which had caused the 2008 financial crash due to profligate public spending.