Sentences with phrase «decades of debt in»

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 202In 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 202in which he predicted savings levels would increase and debt levels would fall in the lead - up to 202in 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 adjustmenIn 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 adjustmenin 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 decadIn 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 decadin an environment where debt - servicing costs are already rising at the fastest pace in a decadin 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.
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