In the first of three articles on
the worsening debt crisis, we examine the spread of contagion to...
June 29, 2012 • European leaders worked through the night at a summit in Brussels aimed at tackling the eurozone's
worsening debt crisis.
Prices are sharply lower than all - time highs above $ 1,900 in 2011, when
a worsening debt crisis in Europe sparked buying of safe haven assets.
All the major economic agents begin to behave in ways that
worsen the debt crisis until finally the country slides into default.
Not exact matches
«As the U.S. economy slowed and Europe's
debt crisis worsened, investors sought the safety of Treasuries and sold the bonds PIMCO had bet on, leaving the fund trailing 89 % of competitors in August and 67 % this year through Sept. 8.»
Until we understand this do not expect the global
crisis to end anytime soon, except perhaps temporarily with a new surge in credit - fueled consumption in the US (which will cause the trade deficit to
worsen) and more wasted investment in China (which, because it is financed with cheap
debt, which comes at the expense of the household sector, may simply increase investment at the expense of consumption).
Some economists also argue that lower household
debt could also reduce financial fragility and
worsen the risk of another
crisis.
«The huge uncertainty is the Eurozone, and a
worsening of the region's
debt crisis remains the single biggest threat to the UK economy.
As the student loan
debt crisis in the United States continues to
worsen, having a student loan repayment benefit has increasingly become a popular option for employers looking to attract the best talent.
And while the European
debt crisis and
worsening American recession continue to plague the global marketplace, it appears to have had little effect on the Canadian housing market.
As the student loan
debt crisis continues to
worsen in the U.S., more and more employee benefit companies are integrating student loan repayment into their bundle of services.
As the student loan
debt crisis in America
worsens, some might think about ways to escape the burden, like leaving the country.
As the student loan
debt crisis in America
worsens, some might think about ways to escape the burden, like leaving the country.
Despite the Standard & Poor's downgrade of U.S.
debt, a
worsening European sovereign
debt crisis and rising stock market volatility, the U.S. economy continues to expand and create new jobs, supported by strong consumer spending and business investment.