Sentences with phrase «debt binge by»

Driven by a debt binge by the E&P space, which was enabled by the central bank policy, the U.S. oil industry was able to achieve record oil production.

Double the Deficit: After an unprecedented debt binge by Congress, the dust has settled and we estimate that 55 percent of next year's deficit will be a result of legislation passed since 2015 — mostly last year's tax cuts and this year's bipartisan spending deal.

Not exact matches

Previously, the Bank of Canada hinted it might raise rates to curb the borrowing binge, but in March it abruptly changed tack by affirming the household debt - to - income ratio is «stabilizing near current levels.»

First, the European debt crisis is a bit more complicated than Greeks going on a borrowing binge backed by German credit.

The company's net debt increased to about 12.5 billion euros ($ 15.6 billion) by the end of March, nearing the level reached a decade ago when former CEO Jean - Marie Messier's acquisition binge left the company close to bankruptcy.

Republicans have accused Bernanke of subsidizing the nation's borrowing binge by buying more than a trillion dollars in U.S. government debt since 2008 — a position he has rejected.

The good news is that the wealth of Canadians has grown during the current debt binge, with national net worth increasing by 2.3 % in the fourth quarter.