Sentences with phrase «high debt burdens»

The second assumption is that increasing debt will only leave future generations with higher debt burdens without greater productive capital to pay for it.
We must induce a robust economic recovery and job growth so that we do not end up with another generation of retirees with an even higher debt burden and default rate.
College dropouts face a unique challenge — high debt burdens coupled with an inability to secure a higher - paying job because they don't have a degree.
Moody's pointed to four state budgets that have kept spending under a 2 percent year - over-year growth rate and a pension system that helps mitigate high debt burdens.
New York has the nation's worst local and state tax burden, 47th worst property taxes, 49th worst personal income taxes, 49th worst business tax climate and 2nd highest debt burden, to go with its bottom - of - the - barrel Tax Freedom Day.
«Given the angst about high debt burdens, it's somewhat comforting to know that Canadians are generally accumulating good debt to finance investments in their homes and educations, as opposed to bad debt such as discretionary spending on vacations and entertainment,» said Sal Guatieri, Senior Economist, BMO Capital Markets.
Policies that assist those with high debt burdens are a critical form of insurance.
College dropouts face a unique challenge — high debt burdens coupled with an inability to secure a higher - paying job because they don't have a degree.Meanwhile, one university is attempting to predict which students are most likely to quit their studies so advisers can step in to help.
And given Canada's record - high debt burden, that's no trivial matter.
«The rating would be upgraded if we conclude that the positive economic and fiscal trends are likely to be sustained and if the high debt burden moves on a steady, downward trend.
AngloGold Ashanti's plans to raise $ 2.3 billion and create a London - listed entity to separate its international and South African assets have fallen through after its shareholders knocked back the proposal, leaving the gold miner with a high debt burden.
The increased susceptibility to event risk stemming from the government's high debt burden, heavy reliance on external investors and large financing needs as the country enters a period of heightened external market volatility.
«Fitch believes that the province will also be challenged in restraining ongoing capital spending to make progress in lowering the high debt burden and accumulated deficit over time,» it said.
«The negative drag associated with China's high debt burden will be mitigated so long as confidence remains in the government's backstop.»
Households in states with the highest debt burdens have seen the strongest declines in their balances.
Higher debt, by which I really mean a higher debt burden, or an increase in debt relative to debt - servicing capacity, and this can rise until credit growth can no longer be forced up to the point where it can be used to roll over existing debt with enough margin fully to fund as much new economic activity that Beijing targets.
While such a rate of expansion will clearly not be sustainable in the longer run, there is little sign at this stage that the appetite for borrowing has been restrained by the recent increases in interest rates, even though the higher debt burden of households might be expected to make them more responsive to interest rate changes.
And, while millennials are struggling with the higher debt burden, they are increasingly opting to live in major cities.
The millennial generation has the highest debt burden of any generation and this is why I decided to begin a blog.
Because of the relatively low teacher salaries they can expect, these high debt burdens dissuade students from entering the teaching profession.
A high debt burden is fairly typical with spinoffs.
Our home equity lenders in Bradford are ready to lend up to 85 % LTV on the property but they are too sensitive to risk lending to homes with a high debt burden.
Weak business fundamentals, unfavorable capital market conditions, and high debt burdens are a lethal combination for these types of businesses.
As CIBC economist Avery Shenfeld noted recently, much of the growth in household borrowing is coming from those who already have high debt burdens, not «less indebted families getting drawn to the punch bowl by the promise of low [interest] rates.»
For students interested in careers in social justice, (for example: anti-poverty law, legal aid positions, human rights and immigration), having a high debt burdens is effectively a barrier to employment within that field.
The consequences of taking on higher debt become ever more dire when one spouse passes away, leaving a higher debt burden for the surviving spouse.
She said the program is to help those who can afford mortgage payments, but aren't able to save a down payment (although she failed to mention the higher debt burden property virgins will have to carry).
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