They seem to be «blissfully» unaware of the huge and growing financial liability implied by public -
sector debt loads.
Not exact matches
All
sectors recorded an increase in
debt loading from the end of 2016, lifting by $ 4.5 trillion, $ 6.5 trillion, $ 4.5 trillion and $ 5.5 trillion respectively for households, non-financial corporates, governments and the financial
sector.
Improving crumbling infrastructure and creating new jobs is a worthy endeavour, but it will add significantly to Ontario's
debt load, whether or not the government goes it alone on projects or partners with the private
sector.
It would not be surprising if the household
sector had become more sensitive to news about interest rates, given the increased
debt and
debt servicing
loads that it is now carrying.
Their idea of «normal» leaves out of account the fact that this financial
sector has gotten rich by
loading down the economy with
debt —
debt that is beyond the ability to be paid, resulting in Negative Equity.
So the financial
sector first creates a problem by
loading the economy down with
debt, and then «solves» it by demanding privatization sell - offs under distress conditions.
In addition, this fall the E.U. reached an agreement that actually has a realistic shot of lessening Greece's
debt load and putting that country on a path toward recovery by forcing losses on official -
sector creditors.
The temptation to «ride the yield curve» must be great, and there is indeed evidence that banks have begun to
load up on treasury
debt (they must do something after all, and the private
sector is out at the moment).
okay here's my two cents worth folks im up for renewal and have just nagotiated a rate 5 yr variable1.75 persent or if i want a five yr fixed at 4.49 still quite a gap between fixed and variable here i believe i have a little lee way here apparently i was only interesed in variable and five yr fixed but i made it absulutly apparent to them that when lock in from a variable i get the whosale discounted rate at that time and written into the contract i kinda believe this the way the market is heading as we head out of ressesion and the bank of canada is going to make there move i believe coming up in june and just to make this firm i do not believe the boc will raise rates in fast mode far from it will be slow process i don't care what the ecconmists are thinking we have to remember manufactering
sector is reallt taking a hit on the high dollar and don't forget our niegbours to the south how dependent our canada is with them i believe it will be a slow process a lot of people heve put themselves in a
debt load over these enormously low interest rates but i may be wrong i think a variable is the way to go if you want to work on that princibal at least should i say the say the short to medium term and betting that the bond markets stay put for the short to medium term - i have given enough interest to the banks maybe i can pay a little less at least fot the short to mediun term here i have not completly decided yet put i think im going variable although i wish my mtge was up a year ago that would have been just great congradulations to all that did.
Without this sort of program, individuals with large
debt loads will have an even greater incentive to go out and work in the private
sector where they can actually make enough money to pay off their crushing
debt loads.
The entire education
sector has struggled over the past several months as the US government has cracked down on the industry, which has been accused of misrepresenting enrollment numbers, churning out poorly educated students with
loads of
debt and no ability to repay.