Not exact matches
Assume, for example, that a disorderly rebalancing occurs
because Beijing waits so long to force through the reforms that it runs into
debt capacity limits (i.e. the
growth in
debt can not exceed the
growth in the amount
of bad
debt that must continually be rolled over).
Last week in London, for example, an analyst from a research company with whose views I am usually in strong sympathy and who herself is very bearish on China's
growth prospects, airily dismissed Chinese
debt concerns by pointing out that Chinese government
debt, even after adding back estimates
of losses in the banking system, is lower than that
of the Japanese government, and
because the government's
debt burden has not been a problem in Japan it won't be a problem in China.
Demand has likely cratered
because of how we have begun to respond to limits to
growth (something economists tend to dismiss): monetary policies that have loaded the world and its consumers and countries with unsustainable
debt.
Indeed,
because the Trump proposal would redistribute after - tax income towards those most likely to save it, push up long - term interest rates
because of debt pressures, increase uncertainty and the advantages
of overseas production, it is as likely to retard
growth as to accelerate it.
Banks don't want to do that,
because they generally fund their operations with disproportionate amounts
of debt, and they maintain that their profitability — as well as our economy's
growth — depends on their continuing to do so.
Because the amount
of bad
debt in each period is almost certainly a growing number, it must follow logically that the GDP
growth number observers really want, rather than the one they have — that is, GDP
growth as a systems output that can serve as a proxy for
debt - servicing capacity — is a declining number, and perhaps even a quickly declining number.
But
because these analysts still did not understand that over-investment was a structural problem embedded deeply into the
growth model — and not simply the accidental byproduct
of occasional outbursts
of enthusiasm — they had failed to explain to their clients that an unsustainable
growth in
debt and a seemingly insatiable demand for iron were simply expressions
of the same system.
Credit is growing more slowly than it has in the past but not
because the financial system has become more efficient but simply
because debt levels have become too high, causing regulators to force down the
growth in credit without seriously improving the efficiency
of the financial sector.
This is
because he thinks the level
of growth in the region is too weak to sustain the countries» sovereign
debts.
She is kind
of settled with this too
because she talked about that with the tax cut and the fiscal policy today which was good, not in any type
of derogatory way, but she is worried about maybe the increase in
debt, but she's hoping that if this tax cut is stimulative it will be supply - side leaning and we will get greater productivity
growth which she said would be the good type
of growth that she wants.
When it got to the turn
of the Council
of Elders, the regional chair spoke, Hon Hackman spoke, I spoke and I spoke on the economy, but you don't talk about the economy by starting with the resource location;... I started by talking about how poorly this economy has been managed that we have gone from GHS9.4 bn
debt to GHS110bn
debt at the time, and how
growth, without oil, was 1.9 bn and had dwindled to about 4 % etc.,... And I said something which I've said in this room: that Ghana is not poor and that the resource base
of this country is found in five regions and I mentioned the regions specifically
because I was making a strong economic argument.
Rebalancing may be needed
because of different
growth rates
of each asset class, i.e.
debt and equity.
The stock market is plummeting today
because of concerns about the global economy, including the European
debt crisis and the slowing
growth rate in China.
This will lead to pressure on European stocks and credits as well as peripheral bonds (e.g. Italian government
debt)
because of lower
growth and job losses.
I just have a harder time playing the game
because we are in the wrong phase
of the credit cycle — profit
growth is nonexistent, and
debts are growing.
Because low interest rates and quantitative easing — the buyback
of public
debt to help spur
growth in the area's troubled countries — has caused high - quality stocks to rise without actually fixing the Eurozone's problems.
In economies that have significant private
debts,
growth is limited,
because of higher default probabilities / severity, and less capability
of borrowing more should defaults tarry.
So Philip, when you previously argued for ultra low interest rates
because interest was the big problem caused by
debt, were you thinking economies could be maintained without much
growth if interest were under control and everything would stay in balance over long period
of time?
If the Federal Reserve raises rates
because of fears
of an overheated economy from tax cuts during a period
of good
growth and low unemployment we get even more government borrowing
because the government must pay these higher interest rates on new
debt.
Just
because the stock market as a whole is overvalued and high
debt levels will make
growth difficult and surprises more likely to be negative than positive, it doesn't mean that there aren't plenty
of stocks that are undervalued and where intrinsic value is, in fact, growing.
The MBA forecasted that interest rates will be lower this year
because of the decreasing
debt situation in some places
of Europe and slow global economic
growth.
The next three years there I will not assume any dividend
growth because the company might choose to lower its
debt instead
of raising its dividends.
The second largest regional mall REIT, General
Growth Properties, may be facing bankruptcy or a forced sale
because of its
debt load.
When it comes to homeownership, 52 percent
of firms are concerned with millennials» ability to buy a home
because of stagnant wage
growth, their
debt - to - income ratios and a slow job market.
Firms are concerned with millennials» ability to buy a home
because of stagnant wage
growth, their
debt - to - income ratios and a slow job market.