Sentences with phrase «with decades of debt»

But let's not pretend that cutting waste, and turning round the culture, will be enough to deal with the decade of debt that will be Labour's legacy.

Not exact matches

The decline in the formation of new businesses (with one to four employees) in areas where student debt increased by 2.7 percent over a decade, according to 2015 research by the Philadelphia Federal Reserve.
As of 2014, the average student graduating with debt had borrowed $ 28,950, up from $ 18,550 a decade earlier, according to The Institute for College Access and Success.
NASHVILLE, Tenn. — The maker of the Gibson guitar, omnipresent for decades on the American music stage, is filing for bankruptcy protection after wrestling for years with debt.
But the serial acquirers that defined the last decade of specialty pharma dealmaking — Teva Pharmaceuticals, Valeant Pharmaceuticals, and Endo International — are no longer in the position to take on bigger deals, as they're all saddled with too much debt.
While the U.S. and Europe are currently grappling with huge debts, a lot of the developing countries had their financial crises more than a decade ago and are now less vulnerable to shocks.
But with provincial deficits swelling from coast to coast this year, and rising health care costs expected to ravage provincial coffers in the coming decades, federal figures are starting to paint an increasingly misleading portrait of Canada's government debt situation.
First, many members of Congress are citing growth estimates consistent with your letter to claim that the tax cuts would pay for themselves and that the legislation being considered by Congress would not add to the deficit or debt over the next decade.
Coupled with the long - term outlook released in March, the agency shows a dramatic rise in debt as a share of the economy in the coming decades.
This is the next great challenge for Beijing, and when the regulators finally do start to repair overextended balance sheet, with a much higher debt - to - GDP ratio than any other country at China's stage of economic development, according to a presentation Monday night by my very smart former student, Chen Long, I expect annual GDP growth rates will continue dropping steadily, by 1 - 2 percentage points a year through the rest of this decade (and there has been increasing talk in the past month or two that GDP growth rates are already 1 - 2 points below the printed rates).
Despite promises by event organizers and local bid committees, and expectations by the public that the event will solve some of their daily urban problems, host cities often end up with unwanted or unused facilities and saddled with debts that will take decades to repay.
However, this is changing, and the increase in the level of household debt over the past decade is a major shift, with significant knock - on implications for consumption.
WASHINGTON — The International Monetary Fund today sounded the alarm on excessive global borrowing, warning that with a total of $ 164 trillion owed, the world's public and private sectors are deeper in debt than at the height of the financial crisis a decade ago.
The combination of the 2007 - 09 financial crisis, the 2011 European debt crisis and a rising dollar have made for a terrible time for investors with a global portfolio in the past decade.
Second area: Third World debt, a topic which has been the theme of activity for some decades but which is becoming very topical today with campaigns being launched by others apart from us.
But that run has come to a screeching halt with recently released financial accounts revealing the winemaker posted a full - year loss of $ 30 million - its first in two decades as its debt ballooned to more than $ 130 million.
The bitter tragedy hundred thousands of farmers succumbing to suicide in the past decade is linked with debt chains acquired from the seed monopoly of Monsanto thru BT Cotton in the cotton belt region remain to haunt the country.
The next fiscal squeeze could be very different from those of the past few decades if it starts with a debt wall more comparable to that of the 1920s and 1930s, when governments» room for fiscal manoeuvre was sharply limited by their predecessors» decision to fund the huge costs of World War I largely by borrowing rather than by taxes.
Britain needs to take more seriously the underlying German argument, which is that the kind of budget, debt and wage discipline it has practised with such impressive results over the last decade, and now seeks for the whole eurozone, is precisely what Europe needs.
He has already broken two of his own fiscal rules, on debt and welfare, and has deferred breaking the third and final pledge — to take the public finances into surplus by the end of this decade — only with the aid of some fantastical arithmetic.
Osborne insisted that those with the «broadest shoulders should bear the greatest burden» and said the Queen had agreed to lead the nation in stepping «back from the brink» after agreeing to spending cuts that will help confront a «decade of debt».
That was the conclusion of a key Communist Party meeting a decade ago, yet what followed was more of the same: rapid investment - led expansion, which turned China into the world's no. 2 economy, but left it laden with debt, environmental damage and excess capacity.
While some are cheering on the decade of formulaic mediocrity that Marvel, and its parent Disney, has dished out, stories emerge of Lee, saddled with debts incurred at the advice of seedy hangers - on as the Marvel execs look the other way and sift through an endless back catalogue of stories to plunder — purchased for a song.
The district also plans to spend the rest of the $ 100 million state loan in the coming year, leaving the schools with no cushion and a debt that could take decades to repay.
The end of the first decade of the 21st Century has seen upheavals in home ownership, retirement savings and job security, with bubbles (housing, debt, sharemarket) bursting around the globe.
I seem to have been on a science fiction kick lately, but this one — while written a few decades ago — seems to have a lot of today's details involved with its plot: a government growing larger and larger, increasing unemployment, an ever - increasing public debt, and inflation growing unchecked.
The household debt - to - income ratio now stands at 169.4, up 23 per cent from a decade ago, and on par with what the U.S. saw at the peak of its housing bubble.
The chapter begins with the story of a 62 - year - old American woman who for decades did all the «right» things advocated by the personal finance gurus: she stayed in a corporate job for 17 years, put 10 % of her salary into her 401 (k) pension, saved another 10 % beyond that, avoided all credit - card debt and even «eschewed lattes... She did everything right.
With decades of paychecks ahead of us, we should have plenty of time to pay off any loans before we quit the workforce, so we can retire debt - free.
The CFPB recently reported that the number of older Americans with student debt has quadrupled and the amount of debt per senior borrower has doubled in the last decade.
The mix of debt and equity in your portfolio is largely a matter of your age and how much risk you can tolerate in investments but I would recommend around 65 % equity and 35 % debt for most investors with a decade or more to retirement.
That debt is carried by more than 70 % of all graduates and is up from $ 12,759 two decades ago, when just 54 % of all students graduated with debt.
The fact is that more and more people are going to college, in fact the number of college graduates in the U.S. over the past decade is up well over 30 percent, and with that increase in students comes a lot of new debt.
Canadian households were already stretched before the holidays, with the pace of debt growth far outstripping wages over the last decade or so.
The Consumer Financial Protection Bureau says while there are more young borrowers than older ones, those over the age of 60 make up the fastest growing segment of student loan borrowers, and that the number of older borrowers with this type of debt has quadrupled over the last decade.
While finishing college with a substantial amount of debt is definitely less than an optimum solution, young people have decades to overcome their debt while the parents have significantly less time to replenish their retirement funds.
And we've seen plenty of countries (in Europe, for example, over the past few decades) learning to live with / recover from debt ratios of 120 % (even 140 %).
Older borrowers (age 50 and older) who default on federal student loans and must repay that debt with a portion of their Social Security benefits often have held their loans for decades and had about 15 percent of their benefit payment withheld.
In reality, US real median income had already peaked in the 80s... Not that many acknowledged such an inconvenient statistic — the money illusion, the increasing prevalence of dual - income households (by necessity), the collapse in the savings rate, coupled with exploding personal debt, and (of course) the housing bubble, helped keep the party going for decades.
Many experts have suggested that the past decades of growth had been sustained with US debts, and that the coming years may see a depression to correct the irrational exuberance.
Probably the biggest change to IRS tax law in decades, the final and most important contribution of the IRS Fresh Start Program was the expansion of the Offer in Compromise Program, which allows you to negotiate your debt with the IRS, and offer to pay back less than you actually owe.
Core Capital generally used to correspond to Equity (Ordinary plus Preferred Share Capital), but became horribly corrupted in the past decade with all kinds of contingent / subordinated debt instruments masquerading as Equity.
, rather than government spending / consumption... Imagine a government funding part of its spending (over almost 8 decades) with debt, not contributions (& a gigantic future liability).
The worldwide movement to embed financial education into schools has gained impetus due to some major changes in society over the past decade, such as the Global Financial Crisis, an increase in youth debt (e.g. mobile phone debt) and research linking financial problems with low quality of life.
Student loan debt has soared from $ 260 billion in 2004 to $ 1.4 trillion in 2017; average debt jumped from $ 18,650 to $ 38,000 over that same period; and the number of people over 60 with student loan debt has quadrupled in the last decade from 700,000 to 2.8 million.
With the opening of «De Kooning: A Retrospective» this coming Sunday decades of overdue debt are paid in full.
Law students are graduating with substantial debt as a result of skyrocketing tuition over the last few decades.
London - based Sequoia as a specialist infrastructure debt asset management company with four decades of experience was willing to take the risk as an early market mover.
Strong commodity demand, comparatively low government and corporate debt along with favourable demographics should see Canada's economic prospects lead those of the G - 7 nations for much of the next decade, finds a new report from CIBC World Markets Inc..
With over a decade of experience, we have collected Millions of dollars for our clients, and discharged Millions of Dollars in debt.
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