Sentences with phrase «dangerous debt trap»

Canadians risk falling into a «dangerous debt trap» as they borrow more to make ends meet, new survey says

Canadians risk falling into a «dangerous debt trap» as they borrow more to make ends meet, new survey says

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Global Capitalism is trapped in its own Prisoner's Dilemma; forty four years after the end of the Bretton Woods System global central banks have manipulated the cost of risk in a competition of devaluation leading to a dangerous build up in debt and leverage, lower risk premiums, income disparity, and greater probability of tail events on both sides of the return distribution.