Insolvency in example sentence

So privatization would not protect retirees against the Social Security system’s insolvency; it would merely add enormously to today’s fiscal deficit, because partial privatization entails diverting money to private funds that would have been used to close the gap between government expenditures and revenue.

More example sentences with word insolvency

My friends, many in their 50s and 60s, were looking at a downward mobility, a work-for-life proposition, just a job loss, medical diagnosis or divorce away from insolvency.

And the IMF did impose conditions on its loans to Greece – including fiscal austerity, privatization, and structural reform of its pension and tax systems – most of which were necessary to address the country’s insolvency.

Unlike Greece, Asia’s problem was not an insolvency crisis, but a liquidity crisis, caused by a sudden reversal of capital flows.

But, as its creditors have now recognized, providing more money will not address Greece’s insolvency.

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