This expansion in debt will force all rates higher as investors seek to be compensated for the increased risk of
owning government debt.
As if states and municipalities didn't have enough to deal with concerning
their own government debt, they will eventually have to deal with a reality that will explode their budget deficits: the low rates of return from their pension investments.
«These people, they set up these quangos, they pass these laws, they introduce these regulations, they insist on this bit of scrutiny, that bit of compliance - and whether it is
their own government debts or their own party machine they just don't obey it.»
Not exact matches
America has been able to play the spendthrift because foreign lenders have shown a huge appetite for both our
government and corporate
debt — they now
own $ 6 trillion of our $ 15.5 trillion in publicly
owned Treasuries.
Obviously, besides immediately abandoning its propaganda campaign, the Chinese
government should reassure the global business community with concrete, honest, realistic, and market - based solutions that address the underlying pathologies of China's poor economic performance: massive
debt, endemic overcapacity, and an economic system that channels low - cost capital into inefficient state -
owned enterprises at the expense of private entrepreneurs and consumers.
A
government that is sovereign in its currency, has no foreign denominated
debt and a central bank that can issue its
own currency does not have to worry about someone else telling them that they need to raise their interest costs.
Debt obligations issued by agencies of the U.S. federal
government or by private agencies, called
government - sponsored enterprises (GSEs), which are federally chartered, but publicly
owned by their stockholders
China Railway Materials, a supplier of construction materials to the railroad industry, became one of the first companies that is directly
owned by the central
government to run into
debt trouble.
If you operate a small business in the United States or any of its territories, have some capital of your
own to invest in your business, and are current with all
debt payments to the U.S.
government (including your income taxes), you may be eligible for an SBA loan — unless your business falls into one of the ineligible businesses identified by the SBA:
Then there's the Federal Reserve, another one of the
government's major lenders, which now
owns $ 2.46 trillion of US
debt.
Markets are now pricing that close to 20 billion more dollars will come out of Puerto Rico to investors than they were at the end of 2017, following Puerto Rico's
own government, which is inexplicably projecting a substantially greater ability to repay
debt today than before the hurricane.
The local
government's crippling
debt of more than $ 73 billion and PREPA's
own obligations of $ 9 billion made it hard to keep up with critical maintenance like trimming tree branches away from power lines, let alone make upgrades to make the energy network.
Central Banks can supply commercial banks with liquidity that facilitates interbank payments and payments by customers and banks to the
government, but what banks lend is their
own debt, not that of the central bank.
Government mortgage programs, such as FHA, have their
own rules for
debt - to - income ratios and other criteria.
One area that the
government has pledged to dramatically overhaul is China's heavily leveraged, state -
owned enterprise (SOE) sector, which accounts for 70 per cent of Chinese corporate
debt, but only 30 per cent of total economic output.
Premier Silvio Berlusconi's
government in Italy was teetering after it failed to come up with a credible plan to deal with its dangerously high
debts, and Portugal demanded more flexible terms for its
own bailout.
To get Greece's
government debt - to - GDP ratio to a more acceptable level, like 120 % (from some 170 % now), Europe's leaders were going to have to reduce Greece's
debt burden even more, and that potentially meant having to take a haircut of their
own.
Dubai World, a
government -
owned conglomerate that was the conduit for the country's oil - fueled
debt extravaganza that had literally transformed the nation, asked for a «stand still» from creditors in order to extend maturities until May...
This means that
Governments around the world will be competing with their
own Central Banks to sell
debt, and the result could be much higher bond yields going forward.
Its official
debt is unpayable, and never should have been forced upon it in the first place — under conditions where the Troika removed the elected prime minister from office to put in their
own technocrat (Lucas Papademos, who had worked with Goldman Sachs to falsify the
government's 2001 balance sheet to enable it to meet the eurozone's entry conditions).
But regulators, led by the powerful
government commission overseeing state assets — known as the State -
owned Assets Supervision and Administration Commission, or SASAC — are pushing for changes in the rules to help heavily indebted state companies cut
debts.
Staff economists blamed pressure from eurozone countries protecting their
own «banks [that] held too much Greek
government debt.
The rest of the $ 21 trillion national
debt is
owned by either the American people or by the U.S.
government itself.
For example, since 2008 China's total
debt has surged from 147 % of GDP to 251 %, as the Chinese
government turned to
debt to stimulate economic growth through its many state -
owned banking institutions.
The federal
government has unprecedented
debt, much of it
owned by foreigners.
The U.S.
government issues
debt in its
own currency.
Some of the US
debt is owed to Americans - think of the new
government money market funds, which
own treasuries and are with some brokerages the «default» fund (replacing the old money market funds).
«And that is particularly true when
governments are so deeply in
debt that they have to cut back their
own spending programmes.
The meeting came one day after Mr. Trump had sided with Mr. Schumer in agreeing to a package to provide money for Hurricane Harvey relief, fund the
government through mid-December and raise the nation's
debt ceiling — bypassing his
own Republican allies in Congress.
Certainly the attitude of the UK
government has not helped; on one hand urging the eurozone to accept the «remorseless logic» of greater economic and fiscal integration, including Germany taking on liabilities for weaker eurozone states via
debt pooling, while on the other refusing to take part in such measures itself and zealously looking after its
own self interest.
Worldwide, markets have been roiled thanks in part to the ongoing Greek
debt crisis, but also the United States's
own issues with
government debt and the federal
government's inability to determine how to close the budget deficit.
A rising black hole of state -
owned enterprise (SOE)
debt, which together with the
debts owed by
government to the bulk oil distribution companies (BDCs) and the lack of adequate supervision of microfinance companies can potentially collapse the banking system.
59 % of people agreed that Labour had «seriously lost touch with ordinary working people» (including 30 % of Labour's
own supporters), 70 % that «Labour need to make major changes to their policies and beliefs to be fit for
government again» (including 50 % of Labour voters), 61 % agreed that «Labour still haven't faced up to the damage they did to the British economy» and 50 % agreed that «If Labour returned to
government they would put the country into even more
debt».
The Conservatives will want to paint their
own narrative of the last Labour
government, of reckless spending pushing the country to the verge of bankrupcy, and have had some success in doing so: 60 % think Labour haven't faced up to the damage they did to the economy, 47 % that if Labour returned to
government they'd put the country into even more
debt.
Interest on
debt, which is a much smaller amount than the other two categories, is the interest the
government pays on its accumulated
debt, minus interest income received by the
government for assets it
owns.
Government mortgage programs, such as FHA, have their
own rules for
debt - to - income ratios and other criteria.
That said, I would be uncomfortable
owning Fannie or Freddie here; just because the
government might stand behind senior obligations doesn't mean they would take care of the common and preferred stockholders, or even the subordinated
debt.
Let me begin it by suggesting that we sell all of our national parks (and other land
owned by the US
Government) to the Saudis in exchange for forgiveness of our
debts.
The recent changes, while in theory aimed at easing the student loan burden for the debtors, are also part of the federal
government's move to trim expenses in the face of its
own spiraling
debts.
Another way to look at mortgage points is to consider how much cash you can afford to pay at the loan - closing table, says Mark Palim, vice president of applied economic and housing research for Fannie Mae, a
government -
owned company that buys mortgage
debt.
All others are on their
own and must out of necessity, resort to the consumer already incapable of paying his bills as they become due; too often resulting in
debt pooling fraud as demonstrated in Province Newspaper's 2014 Don Antle
debt pooling investigation and reporting, which connected
debt pooling fraud to weak provincial
government (gov» t) regulation and oversight.
Based on a recent
Government Accountability Office (GAO) report you may be better off negotiating credit card
debt on your
own.
One caveat: Because bond index funds
own so much U.S.
government debt, where there is little risk of default, these funds should hold up well in financial meltdowns.
The report is at least as much about the sorry state of the global economy as it is about the strength of our
own, praising our «comparatively low
government and corporate
debt» and a «healthier state of public and corporate sector balance sheets.»
If you still don't pay, your school, the financial institution that made or
owns your loan, your loan guarantor, and the federal
government can all take action to recover the money you owe for your student loan
debt.
The fund's investment adviser, Vanguard Fixed Income Group, seeks to outperform the JP Morgan EMBI Global Diversified Index by investing in a broadly diversified portfolio of
debt issued by emerging market
governments and
government -
owned enterprises, with a majority of its assets either denominated in, or hedged back to, the U.S. dollar.
If you
own property and you have equity, you can use a
Government Loan refinance to consolidate or even pay off
debts.
Maybe we should stop blaming the
government for our
own debts?
Student loan
debt scam companies prey on desperate borrowers, selling free
government services as their
own and over-promising
debt relief like forgiveness and settlement.
Most states only exempt from income tax interest income originating from obligations of the federal
government (treasuries), and their
own state
debt.