No heavily indebted country with a trade deficit has an alternative to austerity and inflation.
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Higher rates mean more skepticism about an indebted country's ability to pay.
However, failing to recognize that America is a rich (if indebted) country that can afford to do more for those in need than what was once possible is a giant, regressive step backwards.
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He limped out of the Republican primary on May 2, but his campaign remains the most indebted in the country according to Forbes research.
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The point is that if you add together all debts - government debts, corporate debts, financial institution debts, and household debts - Spain is a much more indebted or leveraged country than Italy.
The reforms do not appeal to many of Thailand's senators, perhaps because some are among the country's most indebted businessmen.
It may seem curious to ask indebted governments to pay citizens to live on the dole in another country, yet increased employment should eventually result, as those who move find work.
Mr. BRYDEN: Neither country had the means to conduct the first war and both indebted themselves enormously with arms purchases, and the cost in terms of human lives was extraordinary.
We are indebted to you for your willingness to fight, your willingness to fight for your country.
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This matters, because a country that continually runs a current-account deficit will become ever more indebted to foreigners.
To the contrary, the Bush Administration feels deeply indebted to the Saudi foreign minister for his participation and that of a representative of a country Ms. Rice's department lists as a state-sponsor of terror: Syria.
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In addition to the country needing an EU and IMF bailout, the government had to step in and support its indebted banks.
Recently elected Spanish Prime Minister Mariano Rajoy already announced that his country will not run a balanced budget in 2012, and that his government will bail out indebted regions.
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