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.