Deficits tend to scare bond investors because governments can be tempted to inflate their way out of debt, which means that bonds lose value in real terms.
The combination of increased spending and a decrease in tax receipts does cause debt to appear to be out of control.
Well, it may be hard to borrow your way out of debt, but sometimes it buys time, andtime is money.
For many 20-somethings, graduating will be a time to start digging out of deep debt while juggling financial independence.
It seems to us that should Japan run out of domestic savings to finance its debt, that it would be forced to monetize it by printing their way out.
Even as they were professing their purity to the SEC in response to Mr. Cutler's call, many firms turned out to be enticing ignorant borrowers into taking out mortgages they couldn't afford, unloading portfolios of toxic debt on unsuspecting clients and manipulating one of the world's most widely used interest rates for their own benefit.
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However German centre-right MEP Werner Langen pointed out that all countries feared to be at risk of a debt crisis - namely Greece, Portugal and Spain - had socialist governments.
That is because the vast stock of public debt to be issued by rich countries may crowd out Latin American borrowers.
Through the plan, whose final details are still being worked out, American will also be able to shed a significant amount of its debt, providing the new company with an added fresh start.
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He understands that the country needs progressive financial reform and has laid out a strategic policy of specific cuts that need to be made to solve the debt problems.
And as he points out, there may be other reasons to believe that big investors' love affair with bonds, especially government bonds, may be supplanted by a restored affection for equities - or to use the dreadful jargon, this may be a year of "rotation" out of debt and into shares.
Likewise, if it turns out to even one percentage point worse, then debt would be heading to 150% of GDP by 2060, not 107%.
The Cyprian people will take a hit, as have the populations of every country that had to be bailed out in this never-ending European sovereign debt crisis.
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He said it was worth giving up higher growth to concetrate on paying off the national debt, which he believes should be wiped out altogether by the end of the decade.
The consequences, as Secretary Geithner and many others, including the Speaker of the House, Senator Minority Leader, Congressman Ryan have pointed out, the consequences of not -- of failing to raise the debt ceiling would be Armageddon-like in terms of the economy on -- the impact on interest rates, on job creation, on growth would be devastating.
If necessary, you may be able to get rid of the rest of your debt by filing for bankruptcy while keeping your home out of foreclosure.
Allowing just a bit more inflation out of the bottle would also make it easier for countries to get out from under the mountains of debt they have taken on in recent years (they would be paying the debt off with inflated currencies).
This turned out to be a loan to Enron dressed up as an electricity contract, which had the effect of hiding the debt from Enron's investors.
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The next phase is going to be the period when they can make acquisitions because everybody knows that there's a lot of real estate debt out there.
If Chancellor Merkel could then agree to some form of mutalisation of eurozone government debt, well, a workable way out of the crisis might actually be in sight.
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