Though it boosts the economy in the short term, high levels of household
debt add pressure on the economy in the long run, as households are forced to cut spending in order to repay their debt.
Not exact matches
«With the European
debt crisis spreading and the global economy recovering at a slower than expected pace, we expect China's trade situation in the second half will become more severe and we are facing more
pressure to meet the annual target for trade growth,» Shen
added.
And
adding $ 800 or so to the average household credit card
debt of $ 7087 is bound to put more
pressure on you when it comes to repayments.
Being in
debt whilst trying to start a new family can only
add to the
pressure and strain you'll no doubt feel in those first couple of years.
Over time, companies may be less likely to issue
debt since it is more expensive, incrementally boosting existing
debt's scarcity value and
adding upward
pressure to bond prices.
Just consider how much better your life would be without the
debt and not having the
added pressure of credit bureaus and your FICO ® credit score, credit report, and credit rating, and compare that to the time when you were always stressed out and finances were on your mind day and night.
Understandably being in
debt can
add pressure to an already stressful life experience.
There is no perfect number for how much coverage you should get, but most insurance professionals suggest that you get around seven to ten times your annual income, which will give your loved ones the resources that they need to get through the difficult time without having the
added pressure of
debts and bills.
Sessions led by industry leaders will include: strategies for today's higher - equity hurdles, finding
debt financing to pursue growth opportunities, buy versus build, managing and adapting communities to changing resident profiles, how to get residents to move in during a tough economy, controlling expenses in a period of inflationary
pressures, maximizing revenue per unit through innovative unit mix and
adding ancillary services.