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Indebted in sentence

318 examples of Indebted in a sentence

It would be dangerous for the eurozone’s highly indebted countries to abandon austerity now.
The causes of the crisis cannot be properly understood without recognizing the euro’s fatal flaw: By creating an independent central bank, member countries have become indebted in a currency that they do not control.
When the Greek crisis raised the specter of default, financial markets reacted with a vengeance, relegating all heavily indebted eurozone members to the status of a Third World country over-extended in a foreign currency.
Subsequently, the heavily indebted member countries were treated as if they were solely responsible for their misfortunes, and the structural defect of the euro remained uncorrected.
Banks’ balance sheets would receive an immediate boost, as would the heavily indebted countries’ budgets.
But it has no right to prevent the heavily indebted countries from escaping their misery by banding together and issuing them.
Ireland’s Model CrisisDUBLIN – Ireland has now left the clutches of the bailout-for-austerity framework established by the Troika (the European Commission, the European Central Bank, and the International Monetary Fund) for indebted eurozone countries, and is leading the monetary union’s economic recovery.
Unfortunately, past spending pushed up wages, without a commensurate increase in productivity, leaving the heavy spenders indebted and uncompetitive.
Meanwhile, the highly indebted emerging economies would face ballooning dollar liabilities, which could cause financial distress and even crises.
As the European Commission has proposed, the strengthened pact will have tighter deficit limits for heavily indebted countries.
When savers in other indebted euro countries such as Portugal and Spain observed this, they would fear similar losses and move their money to banks in Germany or Austria, as well as sell their holdings of Portuguese or Spanish government bonds.
But more imports and a lower surplus would also drive up interest rates, which is bad for highly indebted countries.
Heavily indebted eurozone members can apply to borrow from them at less than the commercial rate, conditional on their committing to ever more drastic fiscal austerity.
And the same is true, albeit to a lesser degree, for other heavily indebted sovereigns.
Obvious economic problems include Europe’s weak banks, China’s distorted property market, political uncertainty in the West, historically high private and public debt – 225% of GDP, according to the International Monetary Fund – and the reluctance of heavily indebted Greece and Portugal to comply with IMF programs.
Those who can borrow have ample cash and are cautious about spending, while those who want to borrow – highly indebted households and firms (especially small and medium-size enterprises) – face a credit crunch.
So the evidence does not really tell us whether a heavily indebted country should pay down its debt or borrow and invest more.
That is a consideration that should weigh heavily on indebted governments as they submit their budgets for scrutiny to the European Commission.
This is not a far-fetched scenario, and its realization would play havoc with the budgets of many indebted eurozone member states.
But citizens of indebted middle-income countries are likely to suffer far more.
And so it was that large chunks of humanity in America and Europe became too indebted and too expensive to be anything other than discarded – and ready to be lured by Trump’s fear-mongering, French National Front leader Marine Le Pen’s xenophobia, or the Brexiteers’ shimmering vision of a Britannia ruling the waves again.
Just as China recently secured the Sri Lankan port of Hambantota on a 99-year lease, it has, according to Nasheed, quietly acquired 17 islands in the heavily indebted Maldives for investment purposes.
Irrigation has failed or is inadequate in Helmand, Uruzgan, and Kandahar – three of the top five opium-producing provinces – where indebted farmers are hooked by the economics: opium brings in eight times as much cash as wheat and uses less water.
This should be combined with the mutualization of some portion of the liabilities of highly indebted countries – defined as a debt-to-GDP ratio above, say, 60% or 70% – and modest write-downs in exchange for long-term zero-coupon bonds.
This would be the right policy if Germany was a freestanding country, but the eurozone’s heavily indebted member countries badly need stronger demand from Germany to avoid recession.
The heavily indebted countries will either fail to implement the necessary measures, or, if they do, they will fail to meet their targets, as collapsing growth drives down budget revenues.
And, unlike in the late 1980’s and 1990’s, Russia is not indebted to foreign banks or international organizations, though it plans to resume foreign borrowing next year.
Indeed, financial markets are unlikely to differentiate between Greek debt and that of other heavily indebted economies, including Portugal, Ireland, Spain, and even Italy – the most recent eurozone member to come under speculative attack.
Both countries are small and highly indebted, with weak domestic industrial structures and faltering banking systems.
Looking ahead, advanced countries will continue to struggle with the fallout of the 2008 crisis, especially with the deleveraging of indebted households and dire public finances.
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