All, the authors add, to be paid for ultimately with tax dollars from the rest of us and / or
massive government debt.
As I covered in an earlier comment, I see interest rates remaining low for a while given low population growth and productivity and
massive government debt.
However whoever wins the next election will have two do to highly unpopular things very quickly to decrease
the massive Government debt, first - Raise taxes.
Moreover,
the massive government debt is an unjust allocation of resources between generations and I'm grateful that Speaker Boehner is seriously attempting to resolve this inter-generational theft now.
Weighing more heavily on the minds of market analysts is the looming threats to economic growth of such
massive government debt.
Not exact matches
The Federal Reserve's ultra-low interest - rate policy since the financial crisis may have lent support to a listless economy and made the
government's
massive debt a lot easier to finance, but it's been more than hard on retirees and conservative savers.
Obviously, besides immediately abandoning its propaganda campaign, the Chinese
government should reassure the global business community with concrete, honest, realistic, and market - based solutions that address the underlying pathologies of China's poor economic performance:
massive debt, endemic overcapacity, and an economic system that channels low - cost capital into inefficient state - owned enterprises at the expense of private entrepreneurs and consumers.
Ryan Avent pointed out that even if we enacted Trump's
massive tax cuts and spending increaes, adding $ 34 trillion in new
debt over the next two decades, our ratio of
debt to GDP two decades from now would still be 30 percentage points less than Japan's
government debt ratio is right now... and the market is still buying their negative interest rate long term
debt...
Due to the
massive debt being amassed by
government spending, the role of the dollar as the global reserve currency is threatened.
Option (e) remains extremely risky given the
massive levels of outstanding
government debt (and potential for fiscal crisis) and therefore low in probability in our view, but the idea came to the fore in investor consciousness after the BOJ held meetings with former FOMC Chairman Bernanke, credited for applying the idea of «helicopter money» to deflation - fighting in central bank policy.
The past several years have featured little more than a gigantic asset swap, the short description being that
massive volumes of
government debt have been swapped by central banks for
massive volumes of idle bank reserves, while
massive volumes of low - yielding, covenant - lite
debt have been issued into the hands of yield - seeking investors, in order to retire
massive volumes of corporate equities at elevated valuations through buybacks.
With
massive and increasing structural deficits; exploding
debt in all sectors; hostile demographics; social and political fracturing and disintegration; grotesque wealth inequality; extraordinary global trade competition; a complete collapse of respect for vital
government organizations such as the Justice Department and FBI, which the people now realize have gone rogue; an extremely complex and corrosive global geopolitical environment; the real prospect of war, potentially nuclear and worldwide; not to mention numerous additional factors, we can only point to few other times in history more dangerous to the people's financial welfare, and therefore more overall bullish for gold, one of the only financial sanctuaries proven to work in times of dislocation.
But to the extent that it ignores the finger Lincoln points at the Civil War — to the extent that it forgets the decimation of a generation of young Americans at the beginnings of manhood; to the extent that it forgets the windrows of corpses at Shiloh, the odor of death in the Wilderness, the walking skeletons of Andersonville, 623,000 dead all told, not to mention the interminable list of those crippled, orphaned, and widowed whose pensions became the single largest bill paid by the federal
government for the following half - century; to the extent that it ignores how the war cost the United States $ 6.6 billion, rocketed the national
debt from $ 65 million to $ 2.7 billion, retarded commodity growth for the next thirty years, and devalued its currency — then the call for reparations opens itself up to a charge of willful forgetfulness so
massive that resentment, anger, and bitterness, rather than justice, will (I fear) be its real legacy.
In particular, a
massive overhang of
debt from a decade - long boom when economic growth was based on unsustainable household borrowing, unrealistic house prices, dangerously high banking leverage, and a failure of
governments to put their public finances in order.
Puerto Rico was suffering a
massive and unprecedented population loss before Hurricane Maria hit, largely because of a
debt crisis that bankrupted the island's
government and crippled the economy.
He noted that the economy is saddled with increasing inflation, high interest rates, declining real GDP growth,
massive increase in the public
debt stock, huge and increasing central bank financing of
government, etc..
The current
government, which came to power last May, said it inherited
massive debts from the previous administration.
No amount of moving the
massive debt around the system — between banks and
governments — can erode or conceal its extent.
On 29 July 1997, Alistair Darling said: «The
Government have also introduced measures to begin a programme to reduce the deficit — the
massive debt — that we inherited because of the outgoing Conservative
Government's mismanagement of the economy.
The UKFC, which was established to develop and promote British cinema, has fallen victim to
massive spending cuts as the country's new
government attempts to curb spiralling
debt.
Even though United Nations (UN) independent expert on foreign
debt and human rights, Cephas Lumina had warned that the introduction of a second austerity package could constitute a serious violation against the Greeks» human rights, this did not stop the
government from going forward (OHCHR, 2011) A
massive wave of protests and riots full of anger and desperation erupted within the country condemning Papandreou's policies and the austerity measures.
The
governments of many countries take on
massive debt, why can't you?
Right now the
government is on a
massive spending spree in Louisiana to help fix up the state, but unfortunately, none of these funds are being allocated towards credit card relief and
debt consolidation programs, besides for the federal student loan consolidation programs currently in place.
Given current the state of monetary and political leadership, it has become inevitable that the only way to get the economy started will involve further
government spending and
massive amounts of
debt and / or printing huge amounts of money (mostly the latter).
Which reflects a similar two - tier attitude to risk: In the real world, investors remain risk - averse towards the majority of companies / stocks in the developed world, which face a world beset by surplus capacity & high costs, fragile & uncertain economic growth, an intractable welfare class & an over-stretched and disillusioned middle class, and
governments over-burdened by
massive debt & future entitlements.
In so many words, he accused the U.S.
government of running a
massive Ponzi scheme, although he softened this comment by noting that public
debt always has Ponzilike characteristics.
Rising interest rates alone would balloon the federal deficit, because interest payments on the
massive outstanding
government debt would skyrocket from today's artificially low levels.»
A new
government report provides both good news and bad news about America's
massive consumer
debt load.
Many high quality corporates won't have much issuance over that same period; they will be scarce versus the
massive amount of
government debt to pay.
People do not loan money unless you have something and we are selling our country piece by piece as we rush into
massive debt amazingly under a Conservative
government elected to fix the problem.
While many of the twelve danger signs I outlined in my initial paper continue to be of concern, my number 11: «
Massive increases in
government debt at all levels» continues to be a predominant issue (both in the U.S. and in every Canadian province) and one that you need to be fully aware of as you plan for your firm's future trajectory.
Previously, the Chinese
government had focused on restricting the travel of people with
massive amounts of
debt, like LeEco and Faraday Future founder Jia Yueting, who made the Supreme People's Court blacklist late last year.
Kiyosaki is critical of
governments; banks and public institutions as most of them are creating
massive debt and stealing money out of the economy for little value return.
If the transaction is all cash, the buyers lawyer is the party that needs to gather the Fintrac required information, As usual money rules, CREA has let the Real Estate industry down again, by failing to aggressively lobby the
government, to exempt us from Fintrac rules, The banking industry and the legal community have the ear of the
government thru their financial contributions for campaigning, and their paid lobbyists, The
government of Canada had to show that they are making an effort to stop money laundering, in order to meet International requirements for financing our
massive National
debt.