Sentences with phrase «debt problems by»

They are coping with their debt problems by borrowing at artificially low interest rates, at the expense of savers and retirees.
Finally, debt consolidation loans will not address risky behavior, and they may actually exacerbate debt problems by providing the borrower with excess capacity to borrow.
Solving this debt problem by writing down debts strikes many people as unimaginable.
In 2008, banks persuaded governments to «solve» the debt problem by taking bad bank debt onto the public balance sheet and then bailing out the banks.
Solving a debt problem by issuing more debt is not an effective strategy.
The days where Tranmere, for instance, were able to solve their debt problem by selling someone like Kenny Irons to Huddersfield have gone — and that, from a football finance point of view, is not a good thing.
Unfortunately, many people try to get around a debt problem by taking on more debt.
Now you should look at the information you have recorded and determine which credit card is contributing the most to your credit card debt problem by looking at the card with the highest APR and highest balance.

Not exact matches

Finance experts from the euro zone have weighed in on comments made by Wolfgang Schaeuble, after the German finance minister warned that debt and liquidity problems could spark the next global crisis.
The problem is that many boomers are burdened by student loan debt accrued from funding their children's higher education.
What we don't know the state of credit default swaps held by banks against sovereign debt and against European banks, nor do we know the state of CDS held by British banks, nor are we certain of how certain the exposure of British banks is to the Ireland sovereign debt problems
He was asked help reduce the huge federal debt resulting from WWI, and Mellon tackled the problem by reforming the tax structure.
In an opinion piece in the Financial Times in February, he dismissed a lot of the problems raised by foreign governments, arguing the effects on debt markets would be minimal.
But accumulating debt is as much a behavioral problem as a math problem, so get some easy wins under your belt by purging some smaller debts first.
As it turns out, she also felt mistreated by her father, felt her previous boss was out to get her, had problems at home, and needed this job to get out of debt.
By contrast, its GPI performance declined over the same period as the booming province experienced growing wealth disparity, increased household debt, more greenhouse gas emissions and a spike in problem gambling, among other things.
According to a 2016 - 17 survey by the Kaiser Family Foundation, which focuses on the nation's health policies and medical issues, 29 % of Americans report problems paying medical bills, and 37 % have increased their credit card debt to help pay for medical bills.
The problems can become much more acute when factoring in stress caused by student debt.
The fundamental problem now in Puerto Rico is the current sterile debate between those who believe that salvation lies in more debt relief and more federal support and those who believe in more belt - tightening by Puerto Rico and market - oriented structural reforms.
Will this create even larger problems to come, by making the costs of living even higher as labor and industry become even more highly debt leveraged?
To make this an even bigger challenge, popular media would have us believe that capital is the answer to every problem business owners face; and many business owners who aren't, or lack, a «profit expert» make decisions that seemingly make a lot of sense, but in reality makes it more difficult to be profitable by further burdening their business» cash flow with debt they can't support.
Combining this with poor sales growth results in a dismal outlook for earnings 3) the pressure on earnings will continue to hurt capital spending, which is usually just a magnified image of earnings, 4) the same factors will continue to raise default rates, causing earnings problems and debt downgrades among banks and financial companies, 5) earnings shortfalls will also lead to continued job cutbacks, with the unemployment rate rising to at least 5.5 % (indeed, once the unemployment rate has advanced by 0.5 % from its lows, it has never reversed until rising by least 1.5 % off those lows).
They do this first by depicting finance and rent - seeking privilege as part of the economy's real wealth - creating process rather than as an extractive sector, and second, by, pretending that the financial problem is only a temporary liquidity problem, not a structural problem debt of debts that can't be paid — unless the government makes up the gap at the non-financial sector's expense.
Last month I spoke with a very prominent European economist and he assured me that although he now agrees (he used strongly to deny it) that China has debt «problem», he believes it can easily be resolved by «socializing» the debt, by which he means transferring it onto the government balance sheet.
Last week in London, for example, an analyst from a research company with whose views I am usually in strong sympathy and who herself is very bearish on China's growth prospects, airily dismissed Chinese debt concerns by pointing out that Chinese government debt, even after adding back estimates of losses in the banking system, is lower than that of the Japanese government, and because the government's debt burden has not been a problem in Japan it won't be a problem in China.
Economies are supposed to «solve» their debt problem simply by succumbing to austerity, which is presented as the solution to the problem rather than a sign of having entered the financially moribund stage.
Some believe that the Chinese financial system, and perhaps the shadow banking system more specifically, took a number of wrong steps, compounded by the lack of discipline among local governments, and created a debt problem.
China's debt problems, in other words, can not be resolved administratively, by fixing the shadow banking system, by imposing discipline on borrowers, or indeed by eliminating financial repression (much of which, by the way, has already been squeezed out of the system by lower nominal GDP growth).
Perception of the debt - overhead problem is concealed by the characteristic feature of today's finance capitalism: an asset - price inflation of property markets, that is, rising land and stock market prices.
Unfortunately, Mr. Krugman's failure to see today's economic problem as one of debt deflation reflects his failure (suffered by most economists, to be sure) to recognize the need for debt writedowns, for restructuring the banking and financial system, and for shifting taxes off labor back onto property, economic rent and asset - price («capital») gains.
This is why investors continue to be shocked by sudden debt problems and investment losses in companies that have been regularly beating estimates of operating earnings by a penny.
The problem with all this is that when large banks are funded by so much debt (and so little equity) they're in much greater danger of insolvency during an economic downturn.
The evidence also suggests, however, that any expansion is likely to be relatively weak except for a 1 - 2 quarter bounce of inventory rebuilding, and that the sustainability of any upturn may be cut short by accelerating debt problems.
When borrowers are unable to repay debt out of operating cashflow, the problem is usually «managed» away by forcing losses onto some other entity.
For instance, we could grow our way out of our debt problem if we grow our GDP by 7 % per year for the next 10 years while keeping the average interest rate on our debt below 3 % and limiting inflation to 2 %.
At the time the former seemed a more dangerous risk than the latter — although even then massive overinvestment was China's true vulnerability — but I think by now there is a rapidly developing consensus that investment, and the unsustainable concomitant increase in debt, is China's biggest problem.
Despite promises by event organizers and local bid committees, and expectations by the public that the event will solve some of their daily urban problems, host cities often end up with unwanted or unused facilities and saddled with debts that will take decades to repay.
by Suze Orman This book again by Suze, Tackle financial problems like student loans, debt, student loan, credit card, debt, and insurance.
This may seem counterintuitive because the math would seem to tell you to pay off the highest interest debt first, but accumulating debt is as much a behavioral problem as a math problem, so get some easy wins under your belt by purging some easy debts first.
So the financial sector first creates a problem by loading the economy down with debt, and then «solves» it by demanding privatization sell - offs under distress conditions.
Nevada and its residents were hit particularly hard by the most recent economic downturns, and many of its residents have complained that they're having problems paying down their debt.
A report on Puerto Rico's financial problems by former International Monetary Fund economists, published by the territory's Government Development Bank on June 29, suggested the U.S. territory reform its labor markets and other areas to improve competitiveness and potentially restructure its debts.
Politicians and central bankers will manage the crisis of 2016 - 2017 as they have most other crises (such as 1987, 1998, 2000, 2008) by increasing spending, addressing an excess debt problem with even more debt, and pumping more «funny money» into the global financial system.
The problem at hand is to make these conditions a new normalcy — that of paying debts, and re-defining solvency to reflect a nation's ability to pay by selling off its public domain.
By rejecting debt default as an option, they created the ultimate moral hazard problem.
High unemployment also adds to the problem by keeping young workers on the sidelines even as their debts continue to accrue interest.
...» the debt accumulates while the rat's going through the python,» so by the 2040s the debt itself and its gargantuan interest payments become bigger problems than entitlements.
«Another, more charitable interpretation, suggested to us by a rather excitable lawyer, is that the Samaritan came down from above, had compassion, raised a man up, rescued him at great personal cost, suffered as his servant, paid a debt when the man had no resources of his own and promised to return and address any outstanding problems.
With a real debt of 6,800 billion, and that ignores bailing out the 50 % of the population with less than 5,000 in savings, its the real problem in the UK, caused by reckless spending and false accounting.
What Dr. Bawumia presented as a runaway debt problem for Ghana because of the government's borrowing spree can be easily dismissed by the people who now have amenities that they never dreamt of.
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