"Reckless borrowing" means borrowing money without thinking about or caring about the consequences or risks involved.
Full definition
Synonyms for individual words can be found below.
«reckless»
«borrowing»
Sentences with «reckless borrowing»
- The era of reckless borrowing which increased our debt to GDP ratio from 32 % at the end of 2008 to 73 % at the end of 2016 and placed a huge burden on this country, thankfully is over». (ghanapoliticsonline.com)
- If it is mainly the highest - risk borrowers who take advantage of higher limits, or if the higher limits encourage more reckless borrowing in general, then default rates will climb, eating away at profit margins. (economist.com)
- Labour's lurch to the left with their plans for reckless borrowing would be disastrous for our economy, as would a lurch to the right under the Tories with their unnecessary, ideologically - driven cuts. (welshlibdems.wales)
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