Net foreign liabilities rose in the March quarter, with a $ 6.9 billion increase taking the stock of net foreign liabilities to $ 323.0 billion (59.9 per cent of GDP); net
foreign debt now stands at $ 224.5 billion (41.6 per cent of GDP).
Not exact matches
America has been able to play the spendthrift because
foreign lenders have shown a huge appetite for both our government and corporate
debt — they
now own $ 6 trillion of our $ 15.5 trillion in publicly owned Treasuries.
Capital outflows lead to a weaker currency, which concerns the hordes of Chinese companies that borrowed
debt in
foreign currencies over the past few years and
now have to pay it back with a weaker yuan.
Now, emerging markets have flexible - exchange rates, much less
foreign debt, and substantially larger reserves of
foreign currency.
And these deficits are
now being financed in riskier ways: more
debt than equity; more short - term
debt than long - term
debt; more
foreign - currency
debt than local - currency
debt; and more financing from fickle cross-border interbank flows.
Making matters worse is the government's management of the crisis; over the past year, it has persisted in upholding its
debt payments, but has
now hit a brick wall as its
foreign reserves have dwindled to US$ 9 billion.
If defaults start to cascade through the economy, it will be more difficult for China to hide its
debt problems
now that
foreign investors are involved.
The
foreign debt situation is not as threatening
now as the most pessimistic people in the mid-eighties feared.
He also shares why short - term
debt, U.S. municipal bonds in particular, are gaining interest from
foreign investors right
now.
The company is one of the public services that were swiftly privatized in recent years, supposedly to help pay the
foreign debt (though the
debt is
now larger than ever).
A wide range of complex trading products are
now available to consumers, including hybrid securities, contracts for difference (CFDs),
foreign exchange (forex), collateralised
debt obligations (CDOs), futures and options, and warrants.
iii)
Now we're getting to the crux of it: The EU, ECB and Geithner (the IMF were apparently ambiguous) were resolutely opposed to any haircut on bank
debt to avoid market contagion and to avoid writedowns on
foreign bank holdings of this
debt.
Now, the largest
foreign holder of U.S.
debt is China, which owns more than $ 1.24 trillion worth.