Sentences with phrase «of debt servicing more»

I don't know, but it's raising the cost of debt servicing more than expected for lots of banks and businesses that borrow in the short - term debt market.

Not exact matches

Meanwhile, as the government takes on more debt to fund its daily operations, the cost to service that debt will take up a larger chunk of government spending as well.

People who can't afford traffic tickets should be required to do community service instead of having to pay fines, and we need more programs to help people deal with debt.

Take that funding away and the market settles back into something more closely aligned with the underlying reality — the one of high unemployment / underemployment, high oil prices, stagnant middle - and lower - class incomes, unprecedented wealth concentration in the upper class, demolished savers, under - investment in capital, and an ongoing transition to a low - wage service economy hard - pressed to service debt.

Apple generates more than enough cash flow to service this amount of debt and has $ 147 billion of cash in the bank.

Governor Snyder has said that the bankruptcy filing will allow the city to spend more money on public services because less of its money will be hurdled toward paying interest on debt.

The country also has a high level of debt servicing ratio, which made its banking system more vulnerable.

«A 35 - year or longer mortgage encourages people to take on more debt than they can really afford,» says Debbie Klein, a manager with Credit Counselling Services of Alberta Ltd..

As Scotiabank mentioned in a note last week: «Higher interest rates are going to make the burden of refinancing the debt considerably heavier, and as more money goes into servicing the debt, it means less money is available to spend on other things, which could lead to less infrastructure spending and increased austerity.»

According to the Schwab Retirement Plan Services survey, more than one - third of millennials reported they can't save for retirement because they're still dealing with the burden of student loan debt.

On the demand side it seems plausible that, as people get richer, more of their income can be spent on financial services, including debt servicing, as proportionately less needs to be spent on necessities.

It is only when credit growth begins to decelerate much more rapidly than nominal GDP growth that we can begin to talk hopefully about China's moving in the right direction, and it is only when credit growth falls permanently below the growth rate of the economy's debt - servicing capacity that China will have adjusted.

Homeowners and consumers, real estate investors and corporations have pledged so much of their income to pay debt service that there is not much left to pay interest on yet more debt.

In other words, people have to pay either so much debt or they have to have forced saving, like pension fund saving, that the economy is shrunk for financial reasons, for putting more and more of its money out of the real economy of goods and services into the financial sector.

I have explained elsewhere some of the reasons that determine whether a country's debt is «excessively high», and I hope formally to list these reasons more fully in my next book, but the key is the gap that is created between projected debt - servicing costs and the projected revenues earmarked to service the debt when an economic entity suffers an unexpected surge in debt or an unexpected decline in growth.

The fact that China's debt is rising much more quickly than China's debt servicing capacity is consistent with my implicit model — which claims that the optimal amount of capital stock in China is a function of China's relatively low level of social capital, and that Chinese investment has far exceeded its optimal level — but it doesn't prove it.

The ruble's exchange rate has fallen as more rubles are thrown onto currency markets to obtain the dollars needed to pay interest and debt service on foreign loans (and to sustain capital flight in the absence of controls).

This means that you should spend no more than 28 percent of your gross monthly income on total housing expenses, and no more than 36 percent on total debt service (including the new mortgage payment).

Assuming that the total amount of bad debt in the banking system exceeds total bank capital — something which is almost certainly true — the conversion of debt which can not be serviced into an equity position that is unlikely to generate much more (and in an economic downturn, which is when we are most concerned about the debt burden, we can assume that the decline in value of these equity positions will be highly correlated) leaves the net indebtedness of the banking system unchanged, and so the contingent liabilities of the government are unchanged even as reported debt in the system declines.

Everyone agreed that debt in China is still growing far too quickly relative to the country's debt - servicing capacity, but the pace of credit growth seems to have declined in 2017, even as real GDP growth held steady and, more importantly, nominal GDP growth increased.

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Russia in fact continued to service the debts for a few more weeks before completely running out of cash by February 1992.

Meanwhile, debt service shows up in the financing activities, so the more debt you take on, the more you can mislead shareholders by reporting huge operating cash flow (EBITDA) that is actually the property of bondholders.

Detroit has more than $ 18 billion in debt and unfunded liabilities and doesn't have the revenues to meet those obligations and provide an adequate level of services to its people, who pay the highest taxes per capita in Michigan.

What's more, almost 2 in 5 parents (19 percent) surveyed said they were unaware of Public Service Loan Forgiveness (PSLF), which can help eliminate debt for parents and students who hold government jobs or work for certain nonprofits.

The budget highlights the huge imbalances created by five years of economic crisis: Spain will set aside $ 36.6 billion ($ 49.5 billion) to service its fast - rising pile of public debt, $ 2 billion more than it will spend on the 13 government ministries.

Connect with more than 700 industry influencers, including international VC and PE investors, debt and equity providers, institutional funds, high - growth entrepreneurs at the forefront of innovation, government entities, corporations and service providers who all have a vested interest in accelerating Canada's innovation and growth ecosystem.

We believe the main factor that drove the most significant bull market in U.S. stock market history (household debt that enabled unrestricted consumption of everything from goods and services to homes) will reverse and continue the deleveraging process that will more than likely continue for a very long time.

Alaska residents pay more for goods and services than residents of many other states pay, and so it's no surprise that residents of the state has accumulated some debt over the years.

It loads down economies with debt — and when debt service exceeds the surplus out of which to pay it, the central bank tries to «inflate its way out of debt» by creating enough new credit («money») to make real estate, stocks and bonds worth more — enough for debtors to borrow the interest due.

The flip side of saving less is borrowing more, as evidenced by the leap in all consumer debt and debt service, both in relation to disposable (after - tax) income and relative to assets.

Staring ahead at years upon years of student loan payments can be depressing, and programs that can cancel out that debt — like Public Service Loan Forgiveness (PSLF) and income - driven repayment — take a decade or more to forgive the loans.

The DIAPER Actl puts more parents to work earning paychecks that can be spent on consumer goods and services, driving up GDP; generating spending that helps get our country out of the current debt crisis.

More than 550 New York state service members will benefit from a combined $ 2.2 million in consumer debt relief because of a settlement New York and 12 other states reached with the military lender Rome Finance Company.

Such was the crisis that we were expected to do little more than borrow more to incur more debt but not for the purpose of growing the economy but rather for servicing a fast - increasing debt.

For the real revelation last Wednesday was not the size of the borrowing, or the doubling of the national debt, or even the fact that we're now going to be spending more on servicing that debt that running our schools.

Beginning in the first year of operation, 2021, the new DCJTC is expected to save taxpayers more than $ 5 million annually after debt service is factored in.

As part of Poloncarz's plan, the County will be paying off more debt than it is adding in 2013 as it pays $ 40.6 million in principal and $ 17.6 million in interest from debt service associated with prior year capital projects.

«The temptation for Cuomo will be to use state - budget surpluses to avoid the problem for a couple of more years — that is, give them a few hundred million dollars a year out of the state budget to cover the operating budget deficits that will get bigger as the M.T.A. devotes more money to debt service,» she emailed.

In the leadership election, we are not choosing the chair of a discussion group who can preside over two years or more of fascinating debate while the Tories play hell with cuts in local services and public investment, extend injustice and flatlining incomes, sustain or worsen private debt, and deepen the balance - of - payments, productivity, housing and poverty deficits.

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For example, teachers who take advantage of the Stafford Teacher Loan Forgiveness program to access up to $ 17,500 in loan forgiveness after five years of payments will unwittingly reset the clock on the more generous Public Service Loan Forgiveness Program, which forgives all outstanding debt held by teachers after 10 years of reduced payments tied to the borrower's income.

As discussed more fully in the Budget Overview chapter, some of the revenues CPS receives are dedicated to debt service and others for capital.

Doubly stinging, another nearly 500 districts are seeing an increase in their required contributions to the debt service on grants they received for new construction costs, not a sizable amount for many of them, but a significant six - figure hit for more than a dozen.

If an established company is eating so much debt that they need more cash just to reduce their debt service, and they're not raising revenue, that smacks of a death spiral.

The burden is even more problematic if you consider the country's high interest rates — the policy rate was just raised to 12.75 %, one of the highest among major economies — which dramatically increase the costs of servicing debt.

They will» sell» their service to you as a solution to help get out of debt whereas the reality of the situation when dealing with such lending institutions is the fact that you are more likely to get into even more financial strife and lose the assets that have been put up as collateral for the loan and possibly force you into bankruptcy.

More and more I am talking to recent college grads that are not able to pursue jobs in their desired fields because they have to find any type of employment to service the student loan dMore and more I am talking to recent college grads that are not able to pursue jobs in their desired fields because they have to find any type of employment to service the student loan dmore I am talking to recent college grads that are not able to pursue jobs in their desired fields because they have to find any type of employment to service the student loan debt.

It is actually more of a debt negotiation company that offers plenty of similar financial services.

Roughly one in 10 Canadians is in a vulnerable financial position — meaning that the cost of servicing their debt consumes more than 40 % of their income.