Unsustainable
in sentence
772 examples of Unsustainable in a sentence
Seventh, in countries where private and public debt levels are
unsustainable
– household debt in countries where the housing boom has gone bust and debts of governments, like Greece’s, that suffer from insolvency rather than just illiquidity – liabilities should be restructured and reduced to prevent a severe debt deflation and contraction of spending.
Others (think Cyprus, Iceland, Ireland, the UK, and the US) resorted to
unsustainable
surges in leverage among financial institutions to fund private-sector activities, sometimes almost irrespective of underlying fundamentals.
To succeed, they must address the fallout of the previous approach, which, by providing more money and preferential policies to the lagging track, ended up fueling overcapacity and
unsustainable
local debts.
Institutional reforms aimed at combating corruption, reducing overcapacity, and dealing with
unsustainable
local debts will generate long-term dividends and sustainable payoffs.
To avoid an
unsustainable
snowball, the central bank is likely to lower interest rates gradually after the details of the IMF package are announced.
But Claudio Borio and Piti Disayat, economists at the Bank for International Settlements, have argued convincingly that the savings-glut theory fails to explain the
unsustainable
credit creation in the run-up to the 2008 crisis.
In a handful of countries, poor governance can also be blamed for
unsustainable
debt practices.
According to this view, the system is unreformable, and real change will be possible only after it finally collapses, perhaps owing to fiscal weakness, since the combination of deficit-financed transfers, low growth, and low labor-market participation may prove
unsustainable.
For France as a whole, the long-term cost of withholding tough medicine will ultimately be much higher than the short-term pain of reforming the country’s fiscally
unsustainable
and spiritually impoverishing welfare state.
Just over three years ago, when I was negotiating on behalf of Greece with the German government to end the combination of
unsustainable
loans and hyper-austerity that are still crushing my country, I warned my interlocutors at a Eurogroup meeting of eurozone finance ministers:“If you insist on policies that condemn whole populations to a combination of permanent stagnation and humiliation, you will soon have to deal not with Europeanist leftists like us but, instead, with anti-Europeanist xenophobes who see it as their vocation to disintegrate the European Union.”
Even low positive interest rates, if maintained for a prolonged period, could backfire, fueling asset bubbles and enabling household and corporate debt to grow to
unsustainable
levels.
As a result, the scientific workforce is beginning to resemble a pyramid scheme: unfair, inefficient, and
unsustainable.
To my mind, the biggest failure of post-2008 economic policy has consisted in governments’ inability to find creative ways to write down
unsustainable
debts, for example in US mortgage markets, and in Europe’s periphery.
Multilateralism is not a product of
unsustainable
solidarity, as some like to claim; it is the result of an enlightened interpretation of one’s own interests.
For an economy in the clutches of
unsustainable
debt, and the associated debt-deflation spiral, the new loan and the stringent austerity on which it was conditioned were a ball and chain.
Fourth, many cash-strapped developing countries fear that social safety nets, once put in place, may become fiscally unsustainable, owing to a sudden loss of export revenue, poor harvests, or sharp increases in prices for food imports.
The US budget deficit is enormous and
unsustainable.
I do not intend to discuss Poland’s internal politics, but I would like to show how a false understanding of Western practices, combined with a blind insistence on glib, populist solutions, creates
unsustainable
illusions and may destroy a chance to secure what de Tocqueville called "equality of opportunity."
The growth miracle of an ascendant Japanese economy was premised on an
unsustainable
suppression of the yen.
But the double game proved unsustainable: the Islamists were less inclined than their now-ambivalent patron to draw sophistical distinctions between one kind of enemy and another.
To acknowledge the truth would have meant admitting that for years they had overlooked the build-up of an
unsustainable
construction boom that now threatens to bankrupt the entire country.
And, without a return to growth, its debt burden will remain
unsustainable.
Meanwhile, India’s growth rate has plunged as a result of faltering economic reforms and
unsustainable
budgetary choices: it now has record-high fiscal and current-account deficits.
By contrast, if Italy left the eurozone, its euro-denominated debt burden would become
unsustainable
and would have to be restructured, plunging the global financial system into chaos.
The situation is deteriorating, and, in the longer term, it is bound to become
unsustainable.
Like every financial crisis enabled by
unsustainable
economic policies, finding a way out requires both immediate and medium-term remedies.
We agree that the eurozone is unsustainable, but disagree about what should be done before the EU can put political union on the table.
This gives the US a longer time to address a current account deficit that is in the long run
unsustainable.
But it is increasingly clear that ultra-easy monetary policy is impeding the necessary process of deleveraging, threatening the “independence” of central banks, raising asset prices (especially for bonds) to
unsustainable
levels, and encouraging governments to resist making needed policy changes.
Europe’s Neo-Liberal ChallengeFor over 20 years I have argued that Western Europe’s high unemployment rates are
unsustainable.
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