Debts
in sentence
1153 examples of Debts in a sentence
This time, Trump’s protectionism could make matters even worse, especially for countries such as Mexico and Turkey, which have based their development strategies on rapidly expanding exports and have financed domestic business activity with dollar
debts.
They partly restored Argentina’s social and political fabric, which had been weakened by the brutal adjustments made during that crisis, which triggered a president’s fall from power, default on the country’s debts, and a dramatic decline in living standards that left more than half of the population below the poverty line.
European countries behaved similarly, running up ever-higher
debts.
The value of inherited government
debts
remains intact, and, aside from a handful of obligations to so-called junior creditors, bank
debts
also remain untouched.
So, if internal devaluation is to work, the value of debts, where they already represent a heavy burden, must be reduced.
Bank
debts
have to be converted into equity and, where banks are insolvent, written off.
Mortgage debts, too, must be written down.
And, with banks’ balance sheets having been strengthened, it will be possible to restructure mortgage debts, bank debts, and other private-sector
debts
without destabilizing financial systems.
German leaders must acknowledge that their country’s banks are dangerously exposed to the
debts
of the eurozone periphery.
There are strong parallels to what happened in the United States in the past few years: many families felt crushed by their debts, so household consumption fell and has yet to recover.
Thus, Harvard’s Carmen Reinhart, an authority on global debt crises, believes the Fed will “favor gradualism” to avoid wreaking havoc in emerging economies that are overloaded with dollar
debts.
If not, the ECB will stop supporting the Greek banking system, and the government will run out of money to service foreign
debts
and, more dramatically, to pay Greek citizens their pensions and wages.
If the contagion from Greece intensified, the next-weakest country, probably Portugal, would find itself unable to support its banking system or pay its
debts.
With powers to monetize government
debts
similar to those exercised by the US Federal Reserve, the Bank of Japan, and the Bank of England, the ECB can now guarantee the eurozone against financial contagion.
After all, in the last decade or so, Russia, Argentina, and Ecuador defaulted on their public debts, while Pakistan, Ukraine, and Uruguay coercively restructured their public debt under the threat of default.
But, for now, many investment projects are not yet generating enough income to service their
debts
(some of them never will), and there is significant spare capacity.
From the standpoint of Greece’s ability to pay, such units would be more relevant, since it doesn’t have to pay off its
debts
fully in one year (unless the crisis makes it impossible to refinance current debt).
At any time in history, the debt-to-annual-GDP ratio (including informal debts) would vastly exceed 100%.
Populists are demagogues who promise the unaffordable; they are willing to run deficits and incur
debts
that our grandchildren will have to repay.
Assets were sold and national
debts
ballooned, but almost nothing lasting and beneficial was gained.
This whole tangle of
debts
was finally de facto written off in 1932 in the middle of the global slump.
What was needed was cancelation of reparations and inter-Allied war
debts
as a whole, together with a big reconstruction loan to put the shattered European economies back on their feet.
Germans today would say that, unlike reparations, the Greek and Mediterranean
debts
were voluntarily incurred, not coerced.
And, unlike oil exports, which are encumbered by massive
debts
to China and others, the proceeds from the illegal drug exports are by nature unencumbered, except in rare instances of seizure.
China’s low official government debt largely reflects the role of currency in assuming quasi-fiscal liabilities – not only the write-off costs incurred from reforming state-owned banks, but also the takeover of banks’ bad
debts
via note financing and the purchase of asset-management companies’ bonds.
Citizens should consider the legacy they leave to their children, part of which is the financial
debts
they will pass down.
Economic growth must be the priority, for only growth will put people back to work and repay Europe’s
debts.
Since private
debts
have a way of turning into public liabilities, a low government-debt burden might not, in fact, provide these countries with the cushion that they think they have.
Specifically, for European states groaning under unbearable debt burdens, Hamilton’s negotiation in 1790 of the new federal government’s assumption of the states’ large
debts
looks like a tempting model.
Hamilton argued – against James Madison and Thomas Jefferson – that the
debts
accumulated by the states during the War of Independence should be assumed by the federation.
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