«Still - low global rates continue to support
unprecedented levels of debt accumulation,» the IIF said.
Not exact matches
Below is a chart showing national
debt as a percentage
of GDP going back to the founding
of the U.S.. Although we've seen periodic spikes in response to national crises, the
debt could soar to
unprecedented levels within the next 10 years.
China's stock rally has come as a sharp contrast to the nation's slowing economy and is all the more precarious because it has been driven by
unprecedented levels of margin financing, or investors» taking on
debt to trade in shares.
The proliferation
of communication technologies, the changing structure
of everyday life (due largely to technology), the growing complexity
of family life, the changing understandings and norms
of sexual conduct and the expansion
of consumer culture (as evidenced by
unprecedented levels of consumer
debt) are only a few
of the conditions that present pastors with new kinds
of demands.
In this day and age
of low interest rates and
unprecedented household
debt levels this concept
of millionaires living modestly is probably even more likely to be true.