Debts
in sentence
1153 examples of Debts in a sentence
With consumption rising faster than incomes, and with larger
debts
to finance, households may end up worse off – an irony often missed by those advocating wider access to banking services.
The balance-sheet effects on euro
debts
caused by the depreciation of the new national currency would thus have to be handled through an orderly and negotiated conversion of euro liabilities into the new national currencies.
That decision was intended to allow the Petersen Group to service the
debts
to banks, and to Repsol itself, that it incurred with its share purchase, for which it made no initial payment.
A Rule of Law for Sovereign DebtNEW YORK – Governments sometimes need to restructure their
debts.
That is why no government leaves it to market forces to restructure domestic
debts.
The way to address economic imbalances is to spur growth in the real economy, which will allow for the accommodation of deficits and
debts.
But three of the European Union’s four largest economies – France, Italy, and the United Kingdom – all have large
debts
and annual deficits that point to even higher debt ratios in the future.
Unions, too, are resisting the necessary wage reductions, and public and private debtors fear the prospect of insolvency if their assets and revenues are assessed at a lower value, while their
debts
remain unchanged.
Many people regard debt relief and socialization of
debts
as the only way out.
The
debts
will re-emerge like a tumor, growing year by year, while undermining the creditworthiness of stable eurozone countries.
Only a price reduction would create current-account surpluses and enable the crisis countries to pay off their foreign
debts.
Those crisis countries that do not want to take it upon themselves to lower their prices should be given the opportunity to leave the eurozone temporarily in order to devalue prices and
debts.
Their
debts
and obligations are similarly fixed.
Some – those with large trade deficits before the crisis hit, those with large national
debts
that must be rolled over, and those with close trade links to the US – are likely to suffer more than others.
If a country is not slow in paying back its
debts
and applies those policies considered “healthy” by the markets, bingo, country risk is low.
Of course, forgiving the
debts
of the poor is undoubtedly noble.
Many of the
debts
of poor countries that have been forgiven were already considered as, de facto, lost and thus unrecoverable.
The Cologne Agreement on poor countries with the highest level of debt – the Highly Indebted Poor Countries (HIPC) initiative – that was agreed to last year declared that
debts
will be forgiven up to the point at which interest payments become “sustainable”: in other words, the agreement substitutes unrecoverable debt for a debt load that is nominally lower but “real.”
Recognizing that the world has no choice but to continue lending to the US, Trump is comfortable building up US deficits and debts, by simultaneously cutting taxes and spending on infrastructure.
The longer the boom runs, the greater the danger of wasted investment, huge bad debts, and a major financial crisis.
But the huge
debts
created by the credit boom remain a major problem.
First, many
debts
involve different arms of the Chinese state – owed, say, by state-owned enterprises (SOEs) and local governments to state-owned banks.
The more the capital account is opened, the more China’s huge
debts
will be held by banks and other institutional investors around the world.
In an economy with inherited
debts
equal to 250% of GDP, simply tightening credit supply and imposing market discipline could be a recipe for disaster.
Moreover, financial crises triggered by excessive debt and leverage in the private sector are followed after a few years by sovereign defaults and/or high inflation to wipe out the real value of public
debts.
Meanwhile, banks, households, and small and medium-size enterprises are still excessively leveraged, and need time to pay down their
debts.
The current safety net approach may work in the short term but will ultimately lead to ballooning and unsustainable government debts, particularly in the US and Europe.
As the late Tanzanian President Julius Nyerere demanded publicly: “Must we starve our children to pay our debts?”
Indeed, according to the political economist Victor Shih, the interest that accrued to all
debts
in China in 2010 amounted to 80% of incremental nominal GDP.
Yet China’s government failed to acknowledge – much less address – the bad
debts
in a timely manner, instead allowing them to grow even larger.
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