Debts
in sentence
1153 examples of Debts in a sentence
The main danger now is that Asian economies will be forced to default on
debts
or cancel investment and kill growth.
First, governments, unlike private individuals, do not have to “repay” their
debts.
But their governments do not have to repay their debts, either.
Roberto Shapiro, a former number two in the Clinton-era Department of Commerce and a man close to the Democratic Party, is now co-chairman of the United States Taskforce for Argentina, an alliance of investment funds and institutional creditors who were hit hard by Argentina’s default on its international
debts.
Smart households and entrepreneurs could take profits and reduce their
debts.
In the short term, it is important that monetary policy in the US and Europe vigilantly fight Japanese-style deflation, which would only exacerbate debt problems by lowering incomes relative to
debts.
In fact, as I argued at the outset of the crisis, it would be far better to have two or three years of mildly elevated inflation, deflating
debts
across the board, especially if the political, legal, and regulatory systems remain somewhat paralyzed in achieving the necessary write-downs.
Notably, the compact should count commercial as well as financial debts, and government budgets should distinguish between investments that pay and current spending.
The extra focus on implicit pension
debts
would also help to inform citizens.
Countries throughout the world and throughout history have defaulted on their
debts
and lived to talk about it, even prosper.
The authorities will not allow the biggest banks to default on their debts, through bankruptcy or in any other fashion, owing to the need to prevent the financial system from collapsing.
When evaluating Italy’s sovereign risk, the central bank’s
debts
(Target2 balances) must be added to those of the general government.
In this regard, it is much like emerging markets’ dollar-denominated debts: it is either repaid or restructured.
The German government still does not admit that – as if France before the euro would have offered up Seine-Saint-Denis or Corsica to pay off its foreign
debts
to keep the franc.
Any profligate country that is suddenly forced to live within its means has a huge adjustment to make, even if all of its past
debts
are forgiven.
Second, much of the financing for Greece’s
debts
came from German and French banks that earned huge profits by intermediating loans from their own countries and from Asia.
In countries such as Spain and Ireland, private
debts
grew to unsustainable levels.
Low
debts
are most useful for those who want to run temporary budget deficits.
In short, the eurozone's periphery is now subject to the paradox of thrift: increasing savings too much, too fast leads to renewed recession and makes
debts
even more unsustainable.
We have our interests to protect, the most important of which are economic: recovery of Iraqi
debts
owed to Russia, the contractually agreed-upon development of oil fields, restoration of public infrastructure.
A substantial share of the corporations holding large
debts
are state-owned, and are thus more subject to policy than they are to markets.
The key will be to encourage the reduction of bad
debts
and increases in the stock of safe assets, while taxing excess capacity and encouraging innovation, thereby improving total factor productivity.
No reasonable person expects Greece ever to be able to pay off its debts, but the country has become trapped in a seemingly endless cycle of payments and bailouts – making it dependent on its donors for its very survival.
After all, such
debts
are contracts – that is, voluntary agreements – so creditors are just as responsible for them as debtors.
If Europe has allowed these
debts
to move from the private sector to the public sector – a well-established pattern over the past half-century – it is Europe, not Greece, that should bear the consequences.
The Allies did not take into account the foolishness with which the
debts
had been accumulated or talk about the costs that Germany had imposed on others.
Instead, they not only forgave the debts; they actually provided aid, and the Allied troops stationed in Germany provided a further fiscal stimulus.
Debt restructuring – writing down the
debts
of homeowners and, in some cases, governments – will be key.
Even if the Greek government decides to pay wages and pensions by printing its own IOUs or “new drachmas,” the European Court of Justice will rule that all domestic
debts
and bank deposits must be repaid in euros.
These were bonds issued by distressed Latin American countries in the early 1990’s as part of an arrangement to reschedule their international
debts.
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