The GOP has also clearly been complicit in the advance of government to an unsustainable level.
Japan has an unsustainable level of debt, and the euro has come under unprecedented pressure because of the debt levels of the leading Mediterranean economies and Ireland.
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But the size of the Cypriot economy means that by 2016 the debt would reach what the IMF regards as the unsustainable level of 140% of annual GDP.
Greece, which is at the center of Europe's debt crisis, has struggled with an unsustainable level of debt and an economy that has been in recession for years.
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The nation at the center of Europe's debt crisis, Greece has been struggling with an unsustainable level of debt and an economy that has been in recession for years.
The primary reason the company sees slower Q3 revenues, Splinter says, is that the solar business will likely be down 15%-25% from what he says was an unsustainable level in the second quarter.
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Greece, which is at the center of Europe's debt crisis, is battling to stay afloat in the face of an unsustainable level of debt and an economy that has been in recession for years.
Yields on Italian 10-year government debt rose to above 6.90%, approaching the 7% level considered unsustainable.
On Thursday, Spain's borrowing cost at an auction of 10-year bonds was almost 7%, which is a level seen as unsustainable.
In the meantime, while Europe has fiddled and denied reality, the Greek economy, labouring under a completely unsustainable burden and a debilitating level of uncertainty, has imploded.
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Spain's 10-year bond yields sank as low as 6.88%, around 0.46 percentage point lower on the day, and below the 7% mark a level widely deemed as unsustainable by financial markets.
On Wednesday, the yield on the 10-year government bond ticked briefly above the 7% level that many investors consider unsustainable, trading recently at 6.916%, according to Tradeweb.
It sent Spain's cost of borrowing (for the sovereign 10-year bond) toward 7% -- a level which is regarded as unsustainable and has precipitated bailouts of other euro countries.
For the statistics fans out there, that is a whopping three standard deviations away, a level that historically has been unsustainable and yielded to a sharp, albeit brief, upturn in stocks.
As a practical matter, pressing forward at breakneck speed on five different agreements is unsustainable given present governmental personnel resources and expertise and limited opportunities for senior-level management oversight.
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Meanwhile, Spanish and Italian borrowing costs continued to rise to unsustainable levels Monday, with Spain's 10-year bond topping the critical 7% level.
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