Sentences with phrase «out of their debt crisis»

Trying to reflate yourself out of a debt crisis may conjure up memories of the monetary histories of Brazil or Argentina, but good old Uncle Sam has a pretty good track record himself.

And then he takes the offensive to another level: «He must be the only person in the world who thinks you spend more to get out of a debt crisis.»

Even the government's response to Labour's attacks, that «you can't borrow your way out of a debt crisis», had a simple, convincing ring to it.

(You may want to bear this in mind the next time you hear Osborne say «you can't borrow your way out of a debt crisis»).

The idea behind this is to give the unfortunate individual a way out of their debt crisis for a fresh financial start.

I don't believe that it would be easy to inflate out of a debt crisis.

The Eurozone is not a nation; there is little sympathy across national borders such that they would send tax dollars to bail another nation out of their debt crisis.

Not exact matches

Since over 80 % of the company's revenues came from outside the Eurozone, he expected that SMS would be able to ride out the debt crisis unscathed.

China «[There is a] gathering sense that the next act of this rolling global debt crisis may well play out in the East.»

The Eurozone crisis could be ended tomorrow if the European Central Bank (ECB) announced it was going to launch a mammoth campaign to continue buying the bonds of troubled members of the European Community (EC) until growth in EC output and employment bailed them out of their debt burdens.

The debt deal, which came on Friday after about 19 similar summits since the start of the debt crisis (with few results), called for countries that use the euro to allows two European bailout funds to aid European banks directly, rather than make loans to governments to bail out the banks.

Simply put, if the Fed continues to conjure trillions of dollars out of thin air to feed the government's insatiable appetite for debt, they're risking a major currency crisis at a minimum.

The problem of tax evasion in Greece has been pointed out many times during the debt crisis: Christine Lagarde, the head of the IMF, got into hot water over the summer with her comments that she felt more sympathy with children in Africa than tax evaders in Greece.

That figure, which comes out to a combined 360 billion euros ($ 401 billion) in bad debt, is more than three times the bank loans that were bad in the U.S. on a percentage basis at the height of the financial crisis.

The weakness of this approach was revealed in 2008 and during the European debt crisis when supposedly safe assets turned out to be dangerously risky.

It's important to point out that successful management of the debt crisis in Europe and the avoidance of significant tax increases next year in the U.S. are important assumptions in our forecast.

During this two - year crisis investors have continually called on the ECB and euro area leaders to «fix» the debt issue: by wiping out half of Greece's debt, by protecting Italy's access to debt markets through bond purchases, or by suggesting a levered EFSF, the euro area's rescue vehicle.

Of course he is talking about the period right before the crisis in 2008, and we all know how that mess got sorted out; the creation of more debt than the world has ever seeOf course he is talking about the period right before the crisis in 2008, and we all know how that mess got sorted out; the creation of more debt than the world has ever seeof more debt than the world has ever seen.

Sufficed to say, if there is ever a crisis of confidence in fiat currency based assets, like government debt, there aren't many options out there for central banks to use in order to restore faith in the system.

«Before Brexit, there was Grexit and the European sovereign debt crisis, Scotland's independence referendum, and the U.S. legislative gridlock over its debt ceiling in 2011, which threatened to, out of whole cloth, create a default in the global benchmark risk - free asset,» Zezas adds.

Before Brexit, there was Grexit and the European sovereign debt crisis, Scotland's independence referendum, and the U.S. legislative gridlock over its debt ceiling in 2011, which threatened to, out of whole cloth, create a default in the global benchmark risk - free asset.

In the early stages of this recovery, many corporations sensibly used access to inexpensive debt to term - out existing debt and to raise cash cushions on their balance sheets, an understandable response to the financial crisis and subsequent recession.

As we have long expected, the economy is tracing out a trajectory typical of the weak recoveries that follow balance - sheet induced recessions and credit crises caused by highly excessive debt.

Reuters.com — Fewer U.S. companies planning to hire; Europe looms — poll American companies are scaling back plans to hire workers and a rising share of firms feel the European debt crisis is taking a bite out of their sales, a survey showed on Monday.

Cook County's crisis is no different from what Chicago, the state and numerous localities in Illinois are experiencing — out - of - control pension debt.

SAN JUAN, Puerto Rico (AP)-- A spiraling Puerto Rico debt crisis reached a new milestone as the island missed nearly $ 370 million on a bond payment Monday and officials warned of worse to come if the U.S. Congress doesn't help it dig out from a mountain...

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.

Despite entering the crisis with a low level of public debt — roughly 40 % of GDP — and a moderate deficit compared to many European nations, the UK's ability to take discretionary fiscal action was limited by the burden of bank bail - outs on public finances.

But # Sterling's recovery is a reflection of the dismal weekness of the EuroZone headed for yet another crisis with Greek Debt and Italian Banks pushing for bail - outs an dimperilling Deutsche Bank.

(CNN)-- The burst of enthusiasm Tuesday for the «Gang of Six» debt reduction plan as a possible way out of the debt ceiling crisis appeared to fade Wednesday as Democratic and Republican lawmakers studied and found fault with the details of the proposal.

With Ghana's debt levels at almost 60 % of GDP and interest payments in 2014 amounting to more than four times Ghana's oil revenue for the year, it is not clear how adding to the debt burden is going to get us out of the current crisis.

He insists an ambitious programme of reform can win over ordinary voters, saying: «The real middle Britain — of insecure self - employment, rip - off private pensions, unaffordable housing, mounting tuition fee debt and crisis - ridden social care — is crying out for a Labour government committed to fundamental reform.»

Existing prediction systems failed to forecast the global crash of 2008, which led to several governments bailing out their banks and European nations, such as Greece, Portugal, Ireland and Spain, being plunged into a sovereign debt crisis.

Having run into trouble at Princeton for his ties to online gambling and now in debt for thousands, math whiz Richie Furst (Timberlake)-- whose once - promising Wall Street career was killed by the»08 economic crisis — discovers he's been cheated out of his money by an offshore gambling site.

In early 2016, spurred by a seemingly perpetual bankruptcy crisis at Detroit Public Schools (DPS)-- by this point, counting unfunded pension liabilities, the district was almost $ 1.7 billion in the red — the state senate narrowly passed a bill that would bail out the district and split it into two separate entities: the old DPS, which would exist to collect taxes and pay down debt, and a proposed new Detroit Education Commission (DEC) to oversee schooling in the city, including regulating the openings and closings of traditional public schools and charter schools.

Personal loans can be an effective way to dig out of a credit crisis, but the irony is that the more difficult your credit situation is, the harder it is to get a personal loan and make that debt a bit more manageable.

In fact, personal money management can help you gain control of your finances, get out of debts and prevent the financial crisis from ever happening to you again in the future.

If you haven't heard by now, the student loan crisis is beginning to spiral out of control, with a total student loan debt in the US of roughly 1.3 trillion dollars.

Through that lens, the Brexit vote isn't all that different from Russia invading Ukraine or the Greek debt crisis: it may lead to a short term disruption, but in a few weeks the market will realize this, will take some time to sort out and likely rebound in the event of a sell - off.

More debt will not get us out of this crisis.

Even though you might only be talking about a few thousand dollars worth of debt, rather than a few million, it's easy to let everyday expenses and luxury spending spiral out of control, ending in bankruptcy or other financial crises.

Now, as above, some of the difference is due to the possible need of printing too much currency to cover the debt in crisis and now that we have more than one country to invest in the extra risk of international money flowing out of the country's bonds.

A recent survey found that a majority of parents gave money to help support their adult children's lifestyle, get them out of a crisis or pay down debt.

During his campaign, he said, «The student debt crisis is the next subprime mortgage crisis;» he continued, «Get the government out of the student loan business.»

As a result of the banking crisis in 2008, politicians and government officials took a close look at the penalty APR and its impact on the ability of consumers to get out of debt.

In these hard economic times, too many Metro Vancouver, Fraser Valley, Lower Mainland people, and British Columbians who lived free of financial crisis until now, find themselves facing the shame of debt they can not repay after taking out too much easy credit just to live, pay for necessities such as housing, food, medicine, etc., a reflection of our ever growing senior and minimum wage population funded with insufficient pensions and facing rising living costs without corresponding increase in earnings.

In the midst of the huge financial crisis and recession, my wife and I found ourselves looking for ways to get out of the debt that I racked up while starting / running a business.

They point out that a written budget will help keep debt out of people's financial equation and help build up an emergency fund that will come in handy when there is a crisis.

Many people need assistance in restoring their credit and getting out of a financial crisis, such as becoming overloaded in debt or losing a job.

Whether good or bad, debt can spiral out of control and put you in a financial health crisis.