We've got the debt credit or
the debt limit crisis.
He added that he did not think the GOP would be any more likely to force a shutdown or
debt limit crisis.
Not exact matches
«A large
debt also can compromise a country's national security by constraining military spending in times of international
crisis or by
limiting its ability to prepare for such a
crisis.»
We've seen that before: The bill that averted a
debt - ceiling
crisis earlier this year — by temporarily suspending the borrowing
limit — would have frozen Congressional pay if the House or Senate had failed to pass a budget by April 15 (lawmakers would have received their salaries anyway at the end of the current legislature).
The amount of
debt that is projected under the extended baseline would reduce national saving and income in the long term; increase the government's interest costs, putting more pressure on the rest of the budget;
limit lawmakers» ability to respond to unforeseen events; and increase the likelihood of a fiscal
crisis, an occurrence in which investors become unwilling to finance a government's borrowing unless they are compensated with very high interest rates.
Investors looking for international exposure should consider
limiting their exposure to Europe as eurozone policymakers continue working to find a solution to the continent's
debt crisis, according to a report by Morningstar.
When that happens,
debt rises at an unsustainable pace until we reach
debt capacity
limits, in which case the country will have a
debt crisis.
Learning from previous
crises, countries such as Mexico, Brazil and India have transformed their government
debt markets, inuring themselves to global economic shocks by
limiting their borrowing in non-domestic currencies.
But even if the ECB does bend to the will of the bond markets this year, and begins to buy sovereign
debt directly, the single currency is left with all of the same weaknesses that existed prior to the
crisis: the inability to tailor interest rate policy for each individual economy, the lack of foreign currency adjustment needed to offset differences in competitiveness, and growth -
limiting trade dynamics throughout the area.
The danger the United States faces today is that the government
debt crisis scheduled to hit Congress next spring (when Republicans are threatening to vote against raising the federal
debt limit as the government deficit soars) will provide an opportunity for the wealthy to give a coup de grace on what is left of progressive taxation in this country.
The solution to the current
crisis is by getting borrowing down - by giving the Bank of England's power to
limit debt in our economy would be restored.
For the most part, I would say that the first
crisis (the shutdown) is affecting the second (
debt limit) more politically than technically.
Despite entering the
crisis with a low level of public
debt — roughly 40 % of GDP — and a moderate deficit compared to many European nations, the UK's ability to take discretionary fiscal action was
limited by the burden of bank bail - outs on public finances.
Corporations have historically relied on the public
debt markets as well as bank lending facilities to fund their business but have more recently begun to rely more heavily on the public markets as the banking
crisis has
limited bank lending.
For some, their
debt crisis occurs when they find that their credit
limit has been cut and they can no longer charge the items that they need to maintain their quality of life.
Topics may include (but are not
limited to) inflation, deflation, the financial system,
debt, economic instability and preparing for
crisis.
Australian
limited property trust Centro Properties Group, the fifth largest owner of retail real estate in the U.S., may not survive the
crisis as it continues to struggle to find ways to refinance or pay down its
debt.