Sentences with phrase «further debt accumulation»

But ultimately, China needs to find more sustainable engines of growth beyond further debt accumulation by unproductive national and local SOEs, or accept slower growth.

Not exact matches

The ongoing accumulation of household debt has led to a further increase in the debt - servicing ratio; interest payments as a proportion of disposable income rose to 9.3 per cent in the September quarter (Graph 23), and are expected to rise further.

Over the past year, the strong pace of debt accumulation has outstripped the growth in the household sector's assets, despite further significant gains in housing wealth (Table 9).

Smith wrote that even a land tax could not finance governments or «compensate the further accumulation of the public debt in the next war.»

The downgrade was based partly on the view that the agreement between Congress and the President fell far short of the $ 4.0 trillion needed to stabilize the debt - to - GDP ratio within ten years, and partly on the view that the President and Congress were, and will be, unable to come to any sensible policy plan to support job creation in the short term and control debt accumulation in the longer term.

The payment made for the new purchases will be utilized to cover the old balance, which leads to further accumulation of debt.

All of these things not only will it avoid further accumulation of debts but put also a great impact on the interest rates and the types of loans that you can pursue.

Student debt burdens are weighing on the economic fortunes of younger Americans, as households headed by young adults owing student debt lag far behind their peers in terms of wealth accumulation, according to a new Pew Research Center analysis of government data.