Sentences with phrase «debt than wealth»

Not exact matches

Hilary Stout illustrated this problem in The New York Times in June: «After all, the millennial generation has less wealth and more debt than other generations did at the same age, thanks to student loans and the lingering effects of the deep recession,» she wrote.

Of course if the value of debt rises faster than the value of assets, by definition wealth (equal to equity, or net assets, in a corporate entity) must decline.

This may involve using privatization proceeds to pay down debt, higher corporate taxes, and even higher income taxes if other forms of wealth transfer are robust enough to support them, but one way or another total government debt must be reduced, or at least its growth must be contained to les than real GDP growth.

China is getting richer faster now than it did before, even though it looks like wealth creation is slowing (the difference is in the slower required accumulation of bad debt).

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.

But closing down unnecessary capacity can pay for itself, even if unemployed workers are temporarily put on the government payroll (causing debt to rise, but usually by less than it had before), but only temporarily as Beijing takes other measures to boost household income through wealth transfers from the state and so to boost consumption, a form of demand which is likely to be more labor intensive than the demand created in the process of over-capacity.

We upgraded our view on U.S. consumer discretionary stocks last fall and still believe that households are in a better position than they were just a few years ago: Consumer debt is down while household wealth is up, gasoline prices are much lower than a year ago and the U.S. is creating jobs at the fastest pace since the 1990s.

They teach the tactics of asset stripping and how to replace industrial engineering with financial engineering, as if financialization creates wealth faster than the debt burden.

We, on the other hand, view it with hope: because more than anything, the events of the past few days show that the truth is getting out — the truth that capital markets simply can not exist under the authoritarian rule of central planners, the truth that the stock market is a casino in which the best one can hope for a quick flip, and finally the truth that our entire socio - economic regime, whose existence has been predicated by borrowing from the uncreated wealth of the future, and where accumulated debt could be wiped out at the flip of a switch if things go wrong in the process obliterating the welfare of billions (of less than 1 % ers), is one big lie.

But what has most intrigued Europe's ruling class is its tax favoritism that has created a Bubble Economy (euphemized as a Tiger Economy to make a debt - leveraged real estate bubble appear as if it were a road to wealth rather than to debt peonage).

They understandably wanted yields higher than the Treasury was paying, as the Fed was flooding the economy with credit to keep asset prices afloat to save the banks from having to take loan write - downs and admit that debt creation was not really the same thing as Alan Greenspan euphemized in calling it «wealth creation.»

In fact, liquid wealth appeared to be even more important than income or debt status in predicting a person's happiness.

Families can build wealth faster than individuals because they're able to pool their resources, which enables them to pay down debts faster and make larger purchases.

While paying a little more than the minimum every month is good for your credit record (and will allow you to take on more debt at a favourable rate if you chose too), the best strategy for long term wealth building is to pay off your personal debt as quickly as possible — and then start a diligent savings and investing plan.

The snowball of cash flow and wealth is growing in your favor, rather than in the favor of the bank as is the case with debt.

The real goal is to put your finances on a path to sustainable success, where you are building wealth rather than building debt.

This concerning mix of lower accumulation of wealth and higher than average unsecured debt, combined with the ever changing nature of military life, can create a difficult and dangerous financial cycle.

The advantages of following Mort's approach are: It more quickly provides the security of debt - free home ownership, which will better enable you to weather any economic storms; in case of an emergency, the wealth in your home is more accessible than assets tied up in a retirement plan; and while Rob's return in the 401 (k) could fall or (even turn negative), Mort's interest savings on his mortgage is guaranteed.

Theoretically, you can increase your wealth more quickly by investing it in the stock market at a 10 - 11 % rate of return than you can paying off your debt (at a ~ 6 % rate of return).

«When the egg nog and mistletoe have worn off,» says Gary Garland, an accredited estate planner with New York - based Integrated Wealth Solutions, «the debts you incur will last far longer than the fragrances of the holiday.»

Employment outcomes tend to be less favorable for these graduates than others, hampering their ability to manage their student loan debt and build wealth long - term.

In markets for government debt, favoring the a priori safe bet of high - debt - issuer countries, such as the United States, Japan, and developed European nations, can be far riskier to an investor's wealth than interest - rate volatility or credit ratings may suggest.

If you have spent any time reading personal finance blogs then you already know the single most important rule to building wealth and getting out of debt — spend less money than you earn.

i have been thinking of your picks and i have goal which is less than 2 years, will your pick will still be profitable considering the exit load which is there if there is redemption below 3 years as it is debt conservative fund (BL SL WEALTH 25)

But young student debtor households have much less wealth than their peers not owing such debt.

My experience has been that a liquidity crisis is much more stressful than having a mortgage or other debt — illiquid wealth is almost useless when you need cash.

The United States carries tremendous debts, much of it owned by foreigners and foreign governments, other countries» sovereign wealth funds are looking to acquire chunks of the U.S. economy, the U.S. dollars is the world's reserve currency primarily because of inertia rather than our economic strength, and we ship money abroad every day to buy plasma tvs and gasoline.

They don't like to talk about the distribution of wealth at the national level, much less the global level — where, as none other than Pope Francis has recently reminded us, we owe the developing world, the poorest people on the planet, a massive ecological and climate debt.

Women are focused on growing their wealth, and they consider paying off debts to be more important than men do.

While the level of income is important to enable buyers to make mortgage repayments and influences the size of the debt and the purchase, the wealth required to make the down payment appears to be more important than income levels, particularly in the transition from renting to home ownership.51 The RBA findings are consistent with other studies52 which have shown that the constraints associated with wealth are a real barrier to young renter households wishing to own their own home.

More Than Enough: Proven Keys to Strengthening Your Family and Building Financial Peace by Dave Ramsey Dave Ramsey's books and radio shows are geared toward helping people learn how to get out of debt and build wealth.