Sentences with phrase «debt during the boom years»

Not exact matches

And, of course, a massive budget deficit because of a lack of alternative sources of revenue: Moody's noted that the country's gross borrowing requirements through 2019 will average 17 % of GDP, because much of the debt it issued during the boom times is falling due in the next two years.

It hasn't grown that fast in normal times since the early 2000's, a period that probably wasn't all that normal, as so much of the wealth generated during those years was from America's debt boom and China's once - in - lifetime rise from poverty.

Canadians took on a record high debt load during the post-recession housing boom, taking advantage of five years of ultra-low rates.