Not exact matches
James Dean, an economist at Simon Fraser University who has studied sovereign -
debt crises
in Latin America, Asia and Europe over four
decades, says one
of the great paradoxes
of sovereign
debt is that countries can manage heavy burdens for a long time.
The decline
in the formation
of new businesses (with one to four employees)
in areas where student
debt increased by 2.7 percent over a
decade, according to 2015 research by the Philadelphia Federal Reserve.
In 2010, Shilling penned The Age of Deleveraging: Investment Strategies for a Decade of Slow Growth and Deflation, in which he predicted savings levels would increase and debt levels would fall in the lead - up to 202
In 2010, Shilling penned The Age
of Deleveraging: Investment Strategies for a
Decade of Slow Growth and Deflation,
in which he predicted savings levels would increase and debt levels would fall in the lead - up to 202
in which he predicted savings levels would increase and
debt levels would fall
in the lead - up to 202
in the lead - up to 2020.
Two or three
decades ago, it would have been unthinkable for people to hold the equivalent
of $ 30,000 or $ 40,000 (or more)
in credit card
debt.
According to the Bank, corporate Canada's overall
debt - to - equity ratio — under 0.9, down from 1.5
in the mid-1990s — is at a historic low, the result
of two
decades of private - sector deleveraging.
Barrick ended up mired
in debt and dysfunction
in part because it tried to boost production numbers over the past
decade, just for the sake
of boosting numbers.
In a
decade, federal
debt will reach an overwhelming $ 33 trillion, the equivalent
of 113 %
of GDP — and $ 6 trillion higher than the CBO had forecast before the Trump agenda passed.
America is
in danger
of experiencing a lost
decade since the financial crisis, given its
debt and political intransigence.
The most recent projections, granted their tentativeness, nonetheless make clear that the highly desirable goal
of paying off the federal
debt is
in reach before the end
of the
decade.
This is
in marked contrast to the perspective
of a year ago when the elimination
of the
debt did not appear likely until the next
decade.
«Today is the day when Britain steps back from the brink, when we confront the bills from a
decade of debt,» Osborne explained
in the House
of Commons.
Trump could also make it harder to pass lasting tax reform, since any policy that increases the
debt above its baseline either requires Democratic support or — if passed by a slim majority
of Republicans
in the Senate — would expire
in a
decade.
The «static» score
of the bill — the amount
of projected
debt added when economic growth is not factored
in — shows that the deficit would grow by about $ 1.5 trillion
in the
decade after the bill is implemented.
As quid pro quo for lifting the U.S. government's
debt ceiling last year, Republicans
in Congress demanded $ 1.2 trillion worth
of budget cuts over the next
decade to drag Washington back into solvency.
But the serial acquirers that defined the last
decade of specialty pharma dealmaking — Teva Pharmaceuticals, Valeant Pharmaceuticals, and Endo International — are no longer
in the position to take on bigger deals, as they're all saddled with too much
debt.
The Congress faces an array
of policy choices as it confronts the challenges posed by the amount
of federal
debt held by the public — which has more than doubled relative to the size
of the economy since 2007 — and the prospect
of continued growth
in that
debt over the coming
decades if the large annual budget deficits projected under current law come to pass.
NerdWallet's 2017 household
debt study shows that several major spending categories have outpaced income growth over the past
decade; many Americans are putting medical expenses on credit cards; and the average indebted household is paying hundreds
of dollars
in credit card interest each year.
Should the economy manage to grow at close to its historical long - term average
of 1pc a year, Greece's
debt ratio would still top 100pc
of GDP
in three
decades.
This followed the 2008 Financial Collapse and the preceding
decades of reliance on
debt to create economic expansion
in a world approaching the limits
of growth.
But with provincial deficits swelling from coast to coast this year, and rising health care costs expected to ravage provincial coffers
in the coming
decades, federal figures are starting to paint an increasingly misleading portrait
of Canada's government
debt situation.
Ryan Avent pointed out that even if we enacted Trump's massive tax cuts and spending increaes, adding $ 34 trillion
in new
debt over the next two
decades, our ratio
of debt to GDP two
decades from now would still be 30 percentage points less than Japan's government
debt ratio is right now... and the market is still buying their negative interest rate long term
debt...
In fact there is a regular pattern that we see when debt levels rise in a country to the point at which either we suffer from a debt crisis or from a lost decade of difficult adjustmen
In fact there is a regular pattern that we see when
debt levels rise
in a country to the point at which either we suffer from a debt crisis or from a lost decade of difficult adjustmen
in a country to the point at which either we suffer from a
debt crisis or from a lost
decade of difficult adjustment.
Since October, Chinese economic policymakers have expressed little interest
in tackling the country's mountain
of debt, which has accumulated rapidly over the past
decade.
In the leaked report, the IMF says that Greece's
debts threaten to be unsustainable for
decades, and that its financing needs will rise so that they are above the 15 %
of national income level deemed safe.
The proposed $ 200 billion
in savings is less than one - fiftieth
of the $ 10.9 trillion the Congressional Budget Office (CBO) projects we will add to the
debt over the next
decade if lawmakers do not act.
The astonishing ability
of the China bulls, both foreign and Chinese, to celebrate every unexpected decline
in growth and every new surge
in debt as if they somehow justified nearly a
decade's worth
of denials
of the urgency
of China's rebalancing has done so much damage to China that the sooner Beijing's leaders finally turn against the bulls, as I believe they might finally have done, the better for the Chinese people and the Chinese economy.
In less than a
decade the nation has been stripped
of its capital and forced into
debt to its former NATO adversaries.
China's huge portfolio
of NPLs at the end
of the 1990s (perhaps as much as 40 %
of total loans) was resolved by a
decade of severe financial repression, so that lending rates
of around 7 % —
in an economy
in which GDP grew nominally by 18 - 20 % and the GDP deflator usually exceed 8 % — implied substantial
debt forgiveness.
In addition, the mortgage market looks set for a particularly heavy year of renewals in an environment where debt - servicing costs are already rising at the fastest pace in a decad
In addition, the mortgage market looks set for a particularly heavy year
of renewals
in an environment where debt - servicing costs are already rising at the fastest pace in a decad
in an environment where
debt - servicing costs are already rising at the fastest pace
in a decad
in a
decade.
Coupled with the long - term outlook released
in March, the agency shows a dramatic rise
in debt as a share
of the economy
in the coming
decades.
It is worth remembering that Reagan, hardly a fan
of reversing course or raising taxes, found it necessary to propose significant tax increases
in 1982 and 1984 (the equivalent
in today's economy
of $ 3.5 tn over a
decade) due to concerns about federal
debt.
The Wall Street Journal focused on Portugal's
debt in their article, «
Decade of Easy Cash Turns Bond Market Upside Down».
The rapid and unrelenting rise
in student
debt over the past
decade has put college affordability and student loan policy at the forefront
of the national political conversation.
Any policy that does not clearly result
in a reversal
of the deep
debt, trade and capital imbalances
of the past
decade is a policy that can not be sustained.
This is the next great challenge for Beijing, and when the regulators finally do start to repair overextended balance sheet, with a much higher
debt - to - GDP ratio than any other country at China's stage
of economic development, according to a presentation Monday night by my very smart former student, Chen Long, I expect annual GDP growth rates will continue dropping steadily, by 1 - 2 percentage points a year through the rest
of this
decade (and there has been increasing talk
in the past month or two that GDP growth rates are already 1 - 2 points below the printed rates).
In the late 1940s through the early 1970s, the U.S. and UK both reduced their
debt burden by about 30 % to 40 %
of GDP per
decade by taking advantage
of negative real interest rates, but there is no guarantee that government
debt rates will continue to stay so low.
However, this is changing, and the increase
in the level
of household
debt over the past
decade is a major shift, with significant knock - on implications for consumption.
WASHINGTON — The International Monetary Fund today sounded the alarm on excessive global borrowing, warning that with a total
of $ 164 trillion owed, the world's public and private sectors are deeper
in debt than at the height
of the financial crisis a
decade ago.
In Europe, the market's development has been hampered by a hodgepodge
of national bankruptcy laws, and investor sentiment that has not fully recovered from the sovereign
debt crises early this
decade, according to Oh.
For roughly three
decades, U.S. non-financial corporate
debt as a percentage
of U.S. nominal GDP and the high yield default rate moved
in tandem.
Issuance
of CLOs, which generate most
of the funding for leveraged loans, has actually been
in decline since 2014, leaving a potential capital shortage as the big chunks
of current
debt start coming due toward the end
of this
decade, Moody's warns.
Over the past
decade, household
debt in Australia has grown at an average annual rate
of just under 15 per cent.
Likewise, recent estimates by the Tax Policy Center and the Penn Wharton Budget Model show that dynamic effects would marginally reduce the revenue loss
in the first
decade but significantly increase it over the long run because
of the economic consequences
of higher
debt.
The
debt pile, he said, has been growing for three
decades in both absolute terms and when compared to the size
of the economy — and about $ 1.5 trillion
of it currently consists
of mortgage
debt.
To put all this
in perspective, the growth spurt comes at the end
of a
decade of sub-par performance, when growth has been held back by some serious structural imbalances, especially
in the form
of excessive
debt.
The
debt pile has been growing for three
decades in both absolute terms and when compared to the size
of the economy.
Debt servicing ratios
of both the corporate and unincorporated sectors have been lower for the past couple
of years than at any time
in the preceding
decade (Graph 6).
The combination
of the 2007 - 09 financial crisis, the 2011 European
debt crisis and a rising dollar have made for a terrible time for investors with a global portfolio
in the past
decade.
By the end
of the
decade, the deals had evaporated, the movie hadn't happened and Pollack found himself
in considerable
debt.
CCA, which bought SPC
in 2005 for $ 700 million including
debt, no longer breaks out SPC's sales and earnings, but the business is believed to have posted losses
in most
of the last
decade and was written down by $ 172 million to $ 156 million
in 2016.