Sentences with phrase «debt disaster at»

It boggles my mind to see the (US) media babble excitedly about the European debt crisis, while doing their level best to ignore the current or looming fiscal / debt disaster at the US federal & state level, another looming trillion dollar student debt problem (sure to be a key plank of Obama's new election... sorry, stimulus plan!)

Not exact matches

Drummond suggests that no matter how the Americans deal with the debt, it could throw Canada into a double - dip recession: «It could be a lose - lose, because if they deal with it in a draconian fashion, then they'll kill off the recovery, but if they don't deal with it at all, they're going to see lower U.S. growth, drive down the U.S. dollar, raise the bond premiums — and that would be a disaster for Canada.»

Atif Mian, an economics professor at Princeton, and Amir Sufi, a professor of finance at the University of Chicago, conclude that economic disasters are «almost always» preceded by a large increase in household debt.

Students in every mainstream macroeconomics class, and that means almost all students, would have predicted, based on the nonsense they were learning, that the high deficits and high public debt ratios in Japan at the time, should have driven interest rates sky high, that bond markets should have stopped buying government bonds, that the government should have run out of money, and all the time that these disasters were unfolding, that inflation should have been be galloping towards hyperinflation.

World stock markets fell Wednesday, with Japan's Nikkei closing at a three - month low, as political turmoil in Greece pushed the debt - crippled country closer to financial disaster.

I will not revisit the shadow banking debts to Germany ($ 800 billion at last count) but look at some other aspects of impending disasters.

It's almost like we — the twenty - and early thirty - somethings — are coming of age at some weird potluck of every social issue staring us in the face: food insecurity, epic natural disasters, stock market crashes, three wars, droughts worse than the Dust Bowl, banks getting away with robbery, extreme poverty, corporate - purchased elections, rising childhood obesity, rising deficit, salmon run extinctions, flocks of birds dropping out of the sky, college debt surpassing credit card debt, you name it.

While the debt can be paid off through careful budgeting and hard work, this situation puts couples at greater risk of financial disaster if one partner dies unexpectedly.