Sentences with phrase «very high levels of debt»

The combination of very high levels of debt and excess manufacturing capacity can lock an economy into a self - reinforcing deflationary process in which growth stagnates and debt rises faster than debt servicing capacity.

He mentioned that Spain still has a very high level of debt, both public and private, and unemployment is still a burden.

Not exact matches

«He doesn't want to leave any question about the independence of the Governor of the Bank of Canada, but we have a situation under the Conservative government that has allowed record household debt... and the bank is really caught between a rock and a hard place, because these high debt levels create pressure for higher interest rates, but inflation is very low.

However, developed countries always have higher levels of private debt than developing countries do, partly due to very low access to credit and credit cards in developing countries.

Instead they wind up owing $ 150,000 and more for education only to just not want to or be able to graduate in the field they originally started in and obtain the income necessary to repay those very high levels of student loan debt.

But student debt is causing those business owners a significant amount of stress with 46 % reporting high or very high stress levels because of it.

High debt levels make it very difficult for people to make all of their payments on time and fees and interest will raise the balances of these accounts even more.

The intention of the law is to not place undue burden on our country's college graduates, especially in economic times where personal debts are at a very high level; it is sound in principle.

According to a study by ACA International, the level of credit card debt per household is still very high.

Yet with increasing rents, stagnant wages and high levels of student loan debt, it can be VERY difficult for first - time or boomerang homebuyers to save enough money for a down payment.

«The high levels of debt in this country are very concerning,» said Mark Beyer, a Tampa - based certified financial planner for Edward Jones.

Yet with increasing rents, stagnant wages and high levels of student loan debt, it can be VERY difficult for first - time or boomerang homebuyers to save enough money for a down payment.