Sentences with phrase «of unsustainable debt»

This minimizes the risk of our customers being saddled with high levels of unsustainable debt.
The relationship between monetary policy and financial stability may depend on the specific economic conditions in which we find ourselves.6 Moreover, the processes resulting in financial cycles, with periods of unsustainable debt buildup, occasional crises and periods of deleveraging, are not well captured by standard models.7 We have more work to do before we can be fully confident about our conclusions.
Mr Murphy said Ireland should support a debt write - down for Greece because it would be good for Ireland and there should be a debt write - down of all unsustainable debt.

Not exact matches

The Kentucky Republican said the current pace of debt accumulation is unsustainable, arguing there should be significant spending cuts to get the debt under control.
Cheap credit has caused a host of problems: it has blown out household debt and inflated home prices in some markets to unsustainable levels.
The obvious answer is that businesses which generate profits grow their assets, which in turn, builds their equity (provided they aren't taking on an unsustainable level of debt).
Tomorrow, in part three of our four - part series «Why we can't stop spending,» we look at how government policy has aided and abetted Canadians» slide into unsustainable debt.
In the statement, he said that ongoing talks with the International Monetary Fund, which has said the oil producer's debt is unsustainable, will «rapidly lead to the adoption» of a three - year programme with the Fund.
Greeks need to recognize that there is no going back to a way of life that was paid for by an unsustainable increase in debt.
The so - called «debt - resource - hypothesis» suggests that high indebtedness leads to increased natural resource exploitation as well as more unsustainable patterns of resource use (Neumayer 2012).
Excessive government debt will stifle economic growth regardless of whether its stashed in local or central government balance sheets and if a province's fiscal situation should become unsustainable — although that's not in the cards in the near future — it'll likely be up to federal government to foot the bill for a bailout.
In the leaked report, the IMF says that Greece's debts threaten to be unsustainable for decades, and that its financing needs will rise so that they are above the 15 % of national income level deemed safe.
Without a massive transfer of wealth from the state sector to the household sector it will be impossible, I would argue, for GDP growth rates of anything above 3 - 4 % — and perhaps even less — to occur without a further unsustainable increase in debt, whether that increase occurs inside or outside the formal banking system and whether or not discipline has been imposed on borrowers.
There comes a moment when the service of the debt, as we see in Greece, becomes unsustainable.
Maintaining clear and comprehensive balance sheets, and measures to prevent unsustainable levels of funded debt and other liabilities, are an increasingly pressing challenge.
It is important to understand how debt payments are managed in order to recognize that whether or not China's debt burden is socialized has very little to do with the resolution of China's debt burden (aside from the fact that it never was «off» the government balance sheet in any meaningful way), just as analysts must recognize that an unsustainable increase in debt is embedded into China's current growth model, and is not an accidental bit of bad luck.
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.
The Congressional Budget Office (CBO) released updated budget and economic projections today, continuing to show an unsustainable picture of debt over the next ten years and beyond.
There is, in other words, actually quite a lot that we know and understand about the model, even if many of us seem to have forgotten much of it — including its typical weaknesses, one of the most obvious of which is the tendency for over-investment in the late stages of the miracle - growth period leading to an unsustainable increase in debt.
Of course debt growing faster than debt - servicing capacity is unsustainable, so we will set as our first financial sector target the point at which the two grow in line with each other.
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.
Both bailouts contemplate the possibility of a debt relief in case Greece successfully approves the revision of its reform programs and it is unsustainable.
It is clear that the unsustainable debt accumulation and the disastrous boom - bust cycles of recent decades have brought the world ever closer to an abyss.
«The USA has a debt and deficit profile which is unsustainable; the Euro Zone has to decide whether it can forge a fully fiscal union or whether the costs are too great, in which event membership will be restructured; and China is trying to put its economy on a more sustainable growth path at a time of leadership change.
A sudden tightening of financial conditions could lead to market corrections, unsustainable debt, and capital flow reversals.»
Kidder Williams» David Williams — who has advised on co-operative restructures including Incitec Pivot, SPC Ardmona and Bega — also warned investors and journalists last year that structural problems with the notes might ultimately drive Murray Goulburn to unsustainable levels of debt and warehouses full of unsold stock.
Today we read in the press that the true problems in Spain are the uncontrolled spending of its «autonomous regions» like Valencia or Catalonia, unsustainable levels of private debt, which could impose significant pressure toward deleveraging over the coming years, and the structural lack of competitiveness of an economy that lacks the ability to devaluate its own currency.
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.
On top of these troubles, they lack an independent monetary policy, possess minimal fiscal maneuverability due to already unsustainable levels of public debt, and have to work under a marked sense of urgency due to painful and untenable unemployment rates.
But when Dr Bawumia and his party NPP were in opposition they criticized the Mahama government of having a voracious appetite for foreign loans which they claimed catapulted the country's debt stock to unsustainable levels.
The Reform Party of New York State represents the interests of voters who are concerned with out - of - control spending, growing budget deficits, an unsustainable national debt, as well as gross mismanagement in government and unethical behavior from elected representatives.
«It is focused on reversing the growth of debt, unsustainable deficits and the burden of interest payments which is almost unsustainable.
These are problems of inclusive economic growth to address unemployment, decline in the agriculture sector, rising cost of living, collapsing businesses, the energy crisis («dumsor») unsustainable debt, poor infrastructure, rising interest rates exchange rate depreciation, rising fiscal and balance of payments deficits, and corruption.»
The Lead Director, CSJ, Mr. Eze Onyekpere, stated in a preliminary review of the budget that «dedicating 24.73 per cent of the overall budget proposal to debt service is an indication that Nigeria's debt profile is becoming unsustainable
The University and College Union (UCU) General Secretary Sally Hunt, said: «Successive Governments» efforts to transfer the bill for higher education teaching onto graduates have created unsustainable levels of debt, with students from low and middle - income backgrounds being hit the hardest by the repayment burden.
We urgently need to review this unsustainable funding system which will force students into a lifetime of debt
Unless schools pony up the aid dollars to meet students» financial needs, touting the need - blind label isn't particularly meaningful for students, who may simply get the offer of admission along with an offer to take on unsustainable debt.
It's very easy to wrack up unsustainable amounts of debt in this way.
«Student reliance on credit card and student loan debt to pay for more than tuition is further evidence that the increase in college expenses remains unsustainable,» says Charles Tran, founder of CreditDonkey.com.
Kinder Morgan's debt load and dividend policy where unsustainable at the current price of oil.
These developments have caused concern that families might be reaching unsustainable levels of mortgage debt.
An entire decade of near - zero percent rate policy and electronic money printing by central banks has forged an unsustainable debt path.
Yes, the Canadian housing market remains vulnerable to some weakness, and yes, more credit growth appears unsustainable for households that already have debt - to - income ratios of 170 per cent.
To deal with the unsustainable path of debt, they'll go right back to emergency level efforts like zero percent rates (ZIRP), negative interest rates (NIRP) and quantitative easing (QE).
This was a creative post that connected the dangers of the overextension of credit — debts growing at an unsustainable rate.
In this case, with their basic lack of fiduciary duty / intelligence in stacking up such an unsustainable mountain of debt, and then when faced with the looming end - result, their apparent inability to deal with or even recognize the bloody problem... You just can't run a business for growth when you're in this much financial distress.
Students and those from low - income areas, neither of whom had much experience with credit, would sign up for credit cards and spend their way into unsustainable debt.
there are dodgy mlps, certainly, and those in fact are the ones that are most popular / fastest movers — LINE and ARLP come to mind — brains raised on on biotech and dot.com growthstock models must see fast growth to fire synapses at all; but there are honest to goodness businesses in the segment as well; and the model they use — pay out all cashflow + issue new equity for growth — is neither «fancy» (this used to be the standard British model of stock - market capitalism until 1980s or so) nor unsustainable (most manage 50/50 equity / debt split and total debt well under 4x cashflow).
We have unsustainable debt increases because of lack of self - control on the part of our leaders.
Anyway, I might disagree with your whole thesis, regardless — emerging markets are no more dangerous than developed markets: Yes, people always fearfully imagine losing 100 % of their investment in an emerging market — and v rarely that can happen — but they prefer to ignore the fact that in the credit crisis, on their own doorstep, they lost all their home equity, 50 % of their stock portfolio, and the rest was confiscated in taxes & unsustainable future tax / entitleement / debt burdens...
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