«There won't be enough money in the government to allow for a tax cut and fiscal stimulus program if in effect the government can't even pay the interest
on the debt without borrowing the money.»
These developments, along with the fact that the IMF has reiterated that Greece won't be able to make good
on its debts without restructuring, shouldn't give anyone confidence that Greece is long for the Euro.
Blindly taking
on debt without multiple plans to repay it can create a huge mess that can cause your business and dreams to implode.
During the seventies, partly because of OPEC's success in raising the price of oil, these nations became heavily indebted, and by the eighties, many were no longer able to make payments
on their debts without assistance.
But given the history of fraud and abuse in the debt relief industry, the inability to provide any legal advice, and the carnage that can be done by defaulting
on debt without some real protection, the debt settlement company and credit counselor risks are too great and the advantages too nominal.
Students can quickly overextend themselves when it comes to taking
on debt without being fully aware of the long - term financial implications of doing so.
Studies have shown that students who take
on debt without graduating are three times more likely to default on their loans than borrowers who earn their degree.
Not exact matches
A story about putting it all
on the line is sexier than a story about a startup founder that worked
on his or her idea in the evenings after their 9 - to - 5 job and bootstrapped along
without going into
debt.
Anderson and Kadlic usually seek cash flow of $ 500,000 to $ 2 million — which, as a rule, provides them enough cash to reinvest in the business
without having to take
on debt.
See if the company has been able to stay profitable, grow its book value and stay afloat
without loading up
on debt, Cooke says.
Conservatives don't want to raise the
debt ceiling
without getting anything in return, but his caucus can't agree
on any type of compensation.
The defendants apparently created fake IDs and credit profiles, bolstered their creditworthiness with bogus info, and then went
on spending sprees
without repaying
debts, according to prosecutors, who issued a news release
on Monday.
His motivation was simply to use his cash to grow the company
without taking
on debt.
In a statement to the Singapore bourse
on Thursday, Noble said Goldilock's claims were
without merit and it would try to implement the
debt restructuring for the benefit of all stakeholders.
Without significant revenue growth the company has been unable to offset the interest it pays
on its heavy
debt load, but First Data has hinted that an IPO could be
on the horizon, Bloomberg reports, which would raise some much - needed funds.
The Bank of Canada, for one, has carefully assessed the economic risks of consumer
debt in order to determine how quickly it can raise interest rates
without piling
on too many
debt - servicing costs for over-stretched households.
By putting control of the business in the hands of a man who seemed «perfect»
on the outside, but
without doing due diligence, had the consultant skimming the profits and ultimately declaring bankruptcy, leaving Williams and Molinaro responsible for the
debt on the chain.
«The public funds, at least in Pennsylvania, are structured to enable the bank to make a loan that they might not be able to make
without the public
debt behind them by enhancing the loan - to - value, reducing the risk to [the bank], and then passing
on some benefits [to the borrower] in the form of lower interest rates, which help cash - flow issues.»
With median incomes stagnating, American consumers can't go much further
without taking
on new
debt.
«I think the I.M.F. raising the
debt sustainability issue as clearly as they did, the United States making clear that sustainability had to be dealt with, was a helpful contribution to the conversation, because
without dealing with some form of
debt restructuring, this problem will just come right back,» a senior United States Treasury official said
on Thursday, as Treasury Secretary Jack Lew traveled through Europe.
Hence, the best way to consolidate a large amount of
debt ($ 3,000 +) without taking on a new loan, is to enroll in a Debt Management P
debt ($ 3,000 +)
without taking
on a new loan, is to enroll in a
Debt Management P
Debt Management Plan.
Mr. Schäuble signaled
on Thursday that it might be difficult to reduce the burden of Greece's
debt payments sufficiently
without some
debt forgiveness — a step he said could not be taken while Greece is a member of the currency union.
If Chinese investment is
on the whole productive, and the value of assets is growing as fast as the value of
debt, then we can assume that current growth rates are not driven mainly by excessive
debt and that Chinese growth is sustainable
without the need to bring down investment growth.
(c. 21:53) «In America, President Obama and Treasury Secretary Timothy Geithner, say the economy can not survive
without bailing out the banks,
without bailing out the
debt,
without making the gamblers and the cleptocrats whole
on what they have taken.
(c. 35:14): «In the textbooks, it is as if the economy operates
without debt and
on a barter basis.
We have to start resolving structural issues like excess
debt and need to focus
on how to get fertility rates up for the middle class if we wan na grow
without relying too much
on immigration.
The budget's savings,
without the economic effects it claims, would stabilize the
debt and put it
on a slightly downward path, falling from 77 percent of Gross Domestic Product (GDP) in 2017 to 75 percent by 2027.
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 bor
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 bor
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.
The second is simply to increase balance - sheet
debt without necessarily spending
on current output.
He has produced a deep treatise
on government
debt, served as chairman of a world - spanning regulatory body, run Italy's central bank (while remaining coolly removed from the scandals and fracases of Italian politics) and made a pile of money working at Goldman Sachs — all
without being pigeonholed as an academic, regulator or investment banker.
Back then, your parents could work a part - time job and pay for school
without taking
on debt.
Concentrating
on the «real» tangible economy (depicted as operating
without debt distortions or related
debt overhead), modern economics banishes the
debt problem to the realm of «externalities».
Without authority to borrow money, President Barack Obama's administration would face immediate choices
on which bills to pay: Federal employee salaries or Medicare recipients, out - of - work residents who receive federal unemployment benefits or investors who expect to receive interest payments
on the country's current
debt, veterans or air traffic controllers.
What if there was a way to invest in the small business of your dreams
without having to take
on debt or make monthly payments?
Cities like San Francisco are expensive even for college graduates
without debt: they are saving $ 690 a month,
on average, but still need 11 years to afford a 20 % down payment.
College graduates
without debt,
on the other hand, should be able to afford homes within six years
on average, in nearly every metro across the US.
In his 2012 fall report, the Auditor General raises the issue of «long - term fiscal sustainability» — the government's capacity to finance its activities and
debt obligations in the future
without imposing an unfair tax burden
on future generations.
Either way all of this creates ugly and self - reinforcing disinflationary dynamics in Australia and ugly and self - reinforcing depreciation dynamics in Brazil (depending
on the extent and structure of external
debt, about which I no longer remember much) both of which cases may be hard to shake off
without a major US recovery.
However, it's only risky
on assets you have no control over or when you over leverage
without looking at the cash flow closely after
debt service.
Without the «Eurozone
debt crisis premium» gold prices would still follow
on the path set by the fundamental factors that move gold significantly and sustainably over the longer term, such as quantitative easing.
It can be a great option for small businesses that need capital to grow
without taking
on more
debt.
This leaves Puerto Rico in an untenable «netherworld,» in which it has the power to issue
debt without the mechanisms for dealing with financial distress
on the back end.
And that's
without taking
on more
debt, paying a higher interest rate, or taking
on multiple loans to purchase your home.
Perhaps the common - sense way to approach this is to accept the possibility that Chilean - style controls (taxes
on short - term inflows) may be useful for some countries during the transition, but not too much should be expected of them (see the conclusions
on Chile itself, which suggest that the controls managed to lengthen the maturity of the
debt,
without being able to prevent the exchange rate from appreciating during the phase of capital inflow)(see Edwards (1998)-RRB-.
With 401 (k) business funding (also called Rollovers for Business Start - ups) you can use your retirement funds to buy a business or franchise
without incurring tax penalties or taking
on additional
debt.
The populace has run out of its capacity to take
on new
debt without going quickly into default
on the
debt already issued.
HONG KONG (Reuters Breakingviews)- Beware any chief executive
without a Plan B. Westfield boss Peter Lowy is the latest to lack one, declaring
on Thursday that despite a big drop in the value of a takeover bid from Unibail - Rodamco, there is no alternative to the sale he and his mall operator agreed in December, originally worth $ 25 billion including
debt.
For years, a quirk of US law created a tax subsidy for Puerto Rican
debt that encouraged middle class Americans to binge
on loaning money to Puerto Rico
without really realizing that's what they were doing.
That means you can temporarily stop making payments
without becoming delinquent
on your
debt.
The legacy of US colonialism in Puerto Rico, and the island's current status as a US protectorate, has left the island's government
without the resources to provide basic services as it struggles to pay off its
debts, and at the same time has made it nearly impossible to call
on help from other countries.