In the same time that the global temperature theoretically increases by 0.02 ˚F,
the government debt increases $ 1.2 trillion ($ 1,200,000,000,000).
On the last point about the increase in the debt, what is missed is that a lot of
the government debt increase is hidden by the non-marketable Treasury bonds held by the entitlement programs.
As Hurricane Irma was completing its sweep of Florida the yield on U.S.
Government debt increased.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced
increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance
debt, including our ability to obtain the
debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other
governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates
increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign
government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
All sectors recorded an
increase in
debt loading from the end of 2016, lifting by $ 4.5 trillion, $ 6.5 trillion, $ 4.5 trillion and $ 5.5 trillion respectively for households, non-financial corporates,
governments and the financial sector.
«If the BOJ were to ease policy, it would therefore be most natural for it to
increase government debt purchases and target longer - dated bonds,» Kuroda said in a confirmation hearing in the lower house of parliament.
The
debt - plagued country's
government resigned after opposition parties failed to pass much - needed austerity measures,
increasing the likelihood of a bailout.
The U.S.'s
increasing debt - driven mode of growth will erode the federal
government's solvency, the agency said.
Similarly, after a period of stimulus spending that
increased spending and
debt, the
government is moving its spending back to traditional levels.
On the current economic climate and the
government's plans to
increase the deficit, Munger said, «Of course I'm concerned about the rising level of
government debt.
The basic problem is that during each recession,
governments increase their
debt load to stimulate the economy and maintain (or even
increase) services, but rarely cut back on their
debt loads or services during the prosperous times — creating a long - term upward trend in indebtedness that Tony Boeckh of The Boeckh Investment Letter calls the «
debt supercycle.»
Various bureaucracies and local
governments will likely demand assistance from Beijing to
increase investment allocations and cut their
debt.
One thing I think that is happening here is a perception that deep troubles will follow an
increase in the prime rate based on the raw amount of
debt held by the US
Government.
This is because the province has accumulated a large public
debt that given the prospects for an economic slowdown and / or rising interest rates will potentially
increase fiscal pressure via
debt service costs which in 2016 - 17 totaled $ 11.7 billion or just over 8 percent of total
government spending.
The amount of
debt that is projected under the extended baseline would reduce national saving and income in the long term;
increase the
government's interest costs, putting more pressure on the rest of the budget; limit lawmakers» ability to respond to unforeseen events; and
increase the likelihood of a fiscal crisis, an occurrence in which investors become unwilling to finance a
government's borrowing unless they are compensated with very high interest rates.
It also appears that the ECB will concentrate on reducing its purchases of
government (rather than corporate) bonds, but here issuance is
increasing, with the net amount of eurozone
government debt set to expand in 2018, in contrast to the contraction seen over the previous 18 months.
As more local
governments find themselves unable to meet the
increasing costs, particularly related to pensions and retiree health benefits, municipalities have begun to more seriously consider
debt restructuring under the bankruptcy code as an option for right - sizing their budgets.
The idea was to cut off revenues from the «beast» (i.e.,
government) and then argue that the resulting deficits were bad for the economy and that
government programs and services would have to be cut to eliminate the deficit and stop the
debt from
increasing.
«The funding needs for this project will create additional pressure on
government expenditures and consequently either on the rate of depletion of Saudi foreign assets or the
increase in
government debt levels,» he said.
The IMF added that if growth was lower than expected or if the Greek
government failed to meet targets for running a surplus on its budget excluding interest payments, there would be «significant
increases in
debt and gross financing needs».
After all, since 2006, your
government has
increased government debt by $ 150 billion, after falling by about $ 80 billion under the previous Liberal
government.
Under the Canada Economic Action Plan the deficit will be eliminated by 2015 - 16; although total net public
debt will have
increased by $ 150 billion, the
debt ratio will have declined to 33.0 per cent in 2015 - 16 and reach the
government's target of 25 percent by 2019 - 20; program spending will fall to below 13 percent of GDP and will continue to fall thereafter; public sector jobs have been eliminated; and income and corporate taxes have been cut.
Gross raised the proportion of U.S.
government and Treasury
debt in the $ 261 billion Total Return Fund to 35 % in May, the first
increase since January and up from 3 % of its holdings in April.
One thing that is of concern is that the
Government does not need Parliamentary approval to
increase its holding of
debt.
If the Conservative
government wants to stabilize the
debt - to - GDP ratio at 25 per cent, then at that ratio, the
government must run a permanent and growing structural deficit that will result in the
government's
debt increasing at the same rate of growth as the economy.
Under the Harper
government, there have been eight years of deficit and the federal
debt has been
increased by $ 157 billion.
Indeed, the stock of local currency
government debt securities outstanding for a representative sample of Asian markets has
increased five-fold over the past 15 years (it's hard to go back much further).
In that case any credit - fueled
increase in investment would likely have resulted in a net improvement in China's
debt servicing capacity, in which case, with
government debt at well below 25 % of GDP, rising
debt would not be a concern.
[9] Nonetheless, for emerging Asian economies there has tended to be a positive association between
increased foreign holdings of local currency
government debt and growth in onshore FX derivatives turnover.
Over the period 2008 - 09 to 2014 - 15, the federal
debt increased by $ 155 billion, attributable to impact of the 2008 - 2009 financial crisis and the stimulus measures implemented by the
government under its Economic Action Plans.
So
government debt is
increased by giveaways to the banks, not by spending into the «real» economy.
Under the Conservatives, the
debt of the federal
government has
increased by $ 150 billion.
It is important to understand how
debt payments are managed in order to recognize that whether or not China's
debt burden is socialized has very little to do with the resolution of China's
debt burden (aside from the fact that it never was «off» the
government balance sheet in any meaningful way), just as analysts must recognize that an unsustainable
increase in
debt is embedded into China's current growth model, and is not an accidental bit of bad luck.
You can
increase competition with anti-trust enforcement, and regulate natural monopolies and both (in the case of the newly merged Time Warner Cable), create greater transparency of prices, use
government purchasing power, restore previous price controls (and please a federal usury law at no more than 15 %, to prevent
debt bubbles of higher inflation).
«Our committee has been focused on seeing the
government return to pre-2009 / 10 debt - to - GDP levels, not increasing taxes for businesses, and controlling spending,» said George Kondopulos, Tax Partner at KPMG LLP and volunteer Chair of The Vancouver Board of Trade's Government Budget and Finance
government return to pre-2009 / 10
debt - to - GDP levels, not
increasing taxes for businesses, and controlling spending,» said George Kondopulos, Tax Partner at KPMG LLP and volunteer Chair of The Vancouver Board of Trade's
Government Budget and Finance
Government Budget and Finance Committee.
Such a measure would result in an unstable fiscal situation — a situation in which the federal
government would incur ongoing deficits and an
increase in the
debt - to - GDP ratio.
Rising rates also will
increase debt costs to the federal
government, which continues to rack up deficits and borrowing with reckless abandon.
This was the Conservative strategy that was introduced in 2006 and subsequently led to 9 years of deficit and
increase of $ 150 billion in
government debt.
Based on the March 2013 Budget forecast, it will have taken the
Government eight years to offset the fiscal impact of the 2008 — 2009 financial crisis (an
increase in the federal
debt of $ 172 billion).
But today's price divergence reminds us that Bitcoin's fixed number of coins was designed and intended to be independent of global
government policies that create excess
debt or excessive expansion that results
increased inflationary expectations.
While such a strategy lowers gross borrowing requirements in the medium - term, it will fuel already high inflationary pressures and
increase the
government's
debt stock.
The
government's strategy continues to be to lengthen the
debt maturity and
increase the share of pure local currency - denominated
debt.
In my recent National Post column, I make reference to some back - of - envelope calculations to the effect that replacing the fiscal anchor of balanced budgets to one of a fixed
debt - GDP ratio allows the federal
government to
increase spending by 1.2 percentage points of GDP, or by about $ 25 billion.
What this means in practice is that we have kept maturities of our investments very short, particularly for low - risk issuers such as
governments and agencies, while we seek out opportunities to
increase portfolio yield with what we think is well - priced corporate
debt.
Lower taxes would likely lead to larger deficits, which could require the Treasury to issue more
debt,
increasing the supply of
government bonds on the market.
However, looking to the US, he predicted that President Trump's promise of an
increase in spending and a reduction in taxes would lead to a surge in borrowing and an
increase in
government debt.
Privately held
debt of the U.S.
government as a share of GDP
increased this cycle to 74 % from 39 % in 2008, prompting concern that the U.S. is doomed to a
debt trap in which high
debt and low yields result in more
debt.
The
government has been warned many times that, after 2015, the combination of an aging population and the resulting impact on economic growth and
government revenues and expenses will result in ongoing deficits and
increasing debts — a fact the Conservatives have failed to acknowledge to date.
From 2002 through 2013, the number of Americans whose Social Security benefits were offset to pay student loan
debt increased five-fold from about 31,000 to 155,000, according to the U.S.
Government Accountability Office.
It seemed logical that technology would
increase the economic surplus and hence make it less necessary for families, companies or
governments to run up
debt to rentiers even more rapidly than the tangible surplus was growing.