Sentences with phrase «with unsustainable debt»

(Bloomberg)-- Payless Inc. is in talks with its lenders over a restructuring plan that includes closing about 1,000 stores as it wrestles with an unsustainable debt load, according to people with knowledge of the matter...
In every economy, very low interest rates and unending credit supply have loaded up the marginal borrower — corporate and individual — with unsustainable debt.
Demand has likely cratered because of how we have begun to respond to limits to growth (something economists tend to dismiss): monetary policies that have loaded the world and its consumers and countries with unsustainable debt.

Not exact matches

In the statement, he said that ongoing talks with the International Monetary Fund, which has said the oil producer's debt is unsustainable, will «rapidly lead to the adoption» of a three - year programme with the Fund.
The relationship between monetary policy and financial stability may depend on the specific economic conditions in which we find ourselves.6 Moreover, the processes resulting in financial cycles, with periods of unsustainable debt buildup, occasional crises and periods of deleveraging, are not well captured by standard models.7 We have more work to do before we can be fully confident about our conclusions.
With days to go before Sunday's knife - edge referendum that the country's creditors have cast as a vote on whether it wants to keep the euro, the IMF revealed a deep split with Europe as it warned that Greece's debts were «unsustainable&raqWith days to go before Sunday's knife - edge referendum that the country's creditors have cast as a vote on whether it wants to keep the euro, the IMF revealed a deep split with Europe as it warned that Greece's debts were «unsustainable&raqwith Europe as it warned that Greece's debts were «unsustainable».
So while I have never predicted a crisis, panic - style or otherwise, I certainly have pointed out very early on that Chinese growth had become dependent on an unsustainable relationship with debt.
It is important to understand how debt payments are managed in order to recognize that whether or not China's debt burden is socialized has very little to do with the resolution of China's debt burden (aside from the fact that it never was «off» the government balance sheet in any meaningful way), just as analysts must recognize that an unsustainable increase in debt is embedded into China's current growth model, and is not an accidental bit of bad luck.
Of course debt growing faster than debt - servicing capacity is unsustainable, so we will set as our first financial sector target the point at which the two grow in line with each other.
With debt on its current unsustainable upward path, it would be highly irresponsible to pass a large unpaid - for tax cut.
Kidder Williams» David Williams — who has advised on co-operative restructures including Incitec Pivot, SPC Ardmona and Bega — also warned investors and journalists last year that structural problems with the notes might ultimately drive Murray Goulburn to unsustainable levels of debt and warehouses full of unsold stock.
The Reform Party of New York State represents the interests of voters who are concerned with out - of - control spending, growing budget deficits, an unsustainable national debt, as well as gross mismanagement in government and unethical behavior from elected representatives.
With both the House and Senate having approved budgets, and the President now having submitted his own, we continue to urge the nation's leaders to come together and negotiate a major long - term budget agreement that not only protects coming generations from unsustainable debt but also ensures our ability to invest in their future.
The University and College Union (UCU) General Secretary Sally Hunt, said: «Successive Governments» efforts to transfer the bill for higher education teaching onto graduates have created unsustainable levels of debt, with students from low and middle - income backgrounds being hit the hardest by the repayment burden.
Unless schools pony up the aid dollars to meet students» financial needs, touting the need - blind label isn't particularly meaningful for students, who may simply get the offer of admission along with an offer to take on unsustainable debt.
Recently I wrote an article arguing that unsustainable debt loads have become the new normal in Canada, in which I drew on my first hand experience with people struggling with debt trouble.
To deal with the unsustainable path of debt, they'll go right back to emergency level efforts like zero percent rates (ZIRP), negative interest rates (NIRP) and quantitative easing (QE).
This minimizes the risk of our customers being saddled with high levels of unsustainable debt.
In this case, with their basic lack of fiduciary duty / intelligence in stacking up such an unsustainable mountain of debt, and then when faced with the looming end - result, their apparent inability to deal with or even recognize the bloody problem... You just can't run a business for growth when you're in this much financial distress.
Students and those from low - income areas, neither of whom had much experience with credit, would sign up for credit cards and spend their way into unsustainable debt.
Anyway, I might disagree with your whole thesis, regardless — emerging markets are no more dangerous than developed markets: Yes, people always fearfully imagine losing 100 % of their investment in an emerging market — and v rarely that can happen — but they prefer to ignore the fact that in the credit crisis, on their own doorstep, they lost all their home equity, 50 % of their stock portfolio, and the rest was confiscated in taxes & unsustainable future tax / entitleement / debt burdens...
However, the students soon began to realise that the current format for the exhibition was unsustainable, and many organisers were left with personal debt.
«High levels of debt combined with low salaries make legal aid work unsustainable for those from lower socio - economic backgrounds» concluded a 2013 study by the Young Legal Aid Lawyers (YLAL).
(1) High levels of debt combined with low salaries make legal aid work unsustainable for those from a lower socio - economic background
In 2010, George Osborne presented an austerity budget to the House of Commons claiming that the country faced an economic crisis with an unsustainable public debt, then at 64 % of GDP, and a huge deficit, and that this was the fault of the outgoing Labour government, which had caused the 2008 financial crash due to profligate public spending.
It is possible that leasing could lead to entrenching poverty traps for Indigenous people by creating unsustainable debt levels, with the outcome that communal title is compromised or lost.
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