Sentences with phrase «massive debt later»

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But by talking instead of acting, he also runs the risk becoming another Alan Greenspan, the once infallible guru who infamously stuck to low interest rates and ignored the massive debt and housing bubble he helped create until it was too late.

Just like a thorough vetting of cabinet nominees could have foreseen the scandals that later emerged, a thorough vetting and review process for the monster tax cut legislation would have cautioned against such radical moves in the face of massive maturing supply, a trimming Fed, and a debt - strapped consumer that is seeing higher interest rates on mortgages and credit cards as a result of the spike in rates.

Years later, the country is battling massive debt, hyperinflation and a contracting economy.

Papandreou sparked a global crisis this week when he announced plans to put the latest European deal to cut Greece's massive debt - a hard - fought accord that took months of negotiations - to a popular vote.

What this did was it got us to a point where in the late 90's the amount of debt relative to the economy was so massive that if ever there was a serious period of debt deflation, which is basically a time in which debt prices are falling which means they're starting to go insolvent, which means that people are going bankrupt.

The mechanisms of this international capitalist recession, the latest of which, to date, some would like to see as the first crisis of world capitalism, are well known: contraction in production and trade; deflationary trends; massive growth in the volume of loans accumulated by international banks on countries or on the major industrial and banking groups, loans which become transformed into irrecoverable debts; brutal capital withdrawals from countries by the major financial operators, which live from the revenue from parasitical investments in bonds, shares and other derivatives.

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A decade later, Inez Dickens tied her approval of the massive rezoning of 125th Street to the city's agreement to restructure longstanding debt held by the GHHDC into a $ 2.5 million «forgivable loan.»

This is just the latest bill introduced by lawmakers around the country designed to help ease the burden of massive student loan debt.

Q: My husband and I have been very happy Couch Potato investors, but I'm questioning the strategy after reading the latest edition of Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown, which says massive U.S. money - printing and debt will eventually cause rampant inflation and spiking interest rates.

Keep in mind that with the advent of «market value» degrees, tuition is more expensive than ever, and students are coming out of law school with massive debt and an understandable desire to cut into that debt and get on with making a good living beyond that — sooner than later.

A person should not have to refinance their home, borrow massive sums of money from family, friends, or banks and otherwise go into debt that will be difficult to later overcome just to get the legal representation they need and deserve.

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.