private debt

Private-debt burdens have begun to drop but across the rich world that has been offset by an increase in public burdens (see charts).

The two largest question marks reflected in this wide range are how much private debt is rolled over and the extent of capital flight.

Although private debt had been rising, the country's overall debt-to-GDP ratio had not ballooned, because the Greek economy was growing.

The only solution is tighter constraints on public and private debt, together with more liability for the borrowing countries.

With so much public and private debt, there are "incentives to generate or acquiesce to inflation" among the global central banks.

The only feasible way forward, therefore, is an orderly, but big, reduction of Greece's private-debt burden.

Monetary policy is not self-evidently the most reliable instrument for tackling the implosion of a prior private debt explosion.

Private debt is an old problem in the United Kingdom, and now it also faced the problem of private and public debt.

The agency worries that high private debt and a rigid jobs market will hold back the economy and hurt tax revenues.

Similarly, the private financial sector restructures private debt owed by nations when it makes financial sense to do so.

This occurs via mass bankruptcy, unless bad private debt is shifted on to the public sector's balance sheet.

Given the overhang of private debt, the first outcome looks not so much unlikely as lethal.

Some economists have argued for moderate inflation as a deliberate policy, as a way to encourage lending and reduce private debt burdens.

Past purchases of government and private debt have already drawn accusations of political pandering and distorting the allotment of credit.

Government debt paper provides a benchmark yield against which private debt issues can be priced.

He failed to do anything about the dangers arising from the housing-market bubble and the build-up of private debt.

The balance on Cortney Munna's loans is about$97, 000, including all of her federal loans and her private debt from SallieMae and Citibank.

The best that can be said for devaluation is that it would hasten the default, and marking down, of much of Latvia's private debt.

Among other things, the crisis has underscored the intertwining of public and private debt in Europe.

In the financial markets, banks were highly liquid, holding a large volume of U. S. government obligations and very little of private debt.

After qualifying for low German interest rates overnight, citizens entered a spiral of private debt.

The Fed emphasises the ability of bond purchases to lower yields and improve liquidity in private debt markets.

But the composition of debt has shifted sharply, as government borrowing has soared while private debt has fallen.

And this low level of private debt helped set the stage for the great postwar boom.

Private debt as a ratio to Gross Domestic Product skyrocketed some 50 percent in five years.

But EU leaders have promised not to make private debt holders pay before 2013.

That forces the government to pledge more cash to bail out the banks, turning that private debt into government debt.

By the standards of their European peers, French banks have a high exposure to Greek public and private debt.

Worse, much private debt is secured against assets; while the value of the debt is fixed, the value of the assets can fall.

Public debt may be high, but private debt is low.

We've seen lots of private debt crises, such as the U. S. subprime.

But it's the private debt ratio of 240% of GDP that has investors worried.

Risk spreads on private debt have not widened.

They have fuelled growth in private debt and equity.

But this is socialised private debt: the prudent pay for the profligate.

In fact, the increase in the private debt to GDP ratio steepened starting in 1996, and the savings rate has been falling since 1992.

The repeated use of fiscal measures to support demand made private debt more supportable, but also increased public debt levels.

Together, Spain has a total private debt ratio that is the third highest in eurozone behind Ireland and Portugal.

Another lesson from past crises, such as the depression that followed Chiles's banking collapse in 1981, is that private debt matters.

Germany and Canada, for example, entered the crisis with relatively low levels of public and private debt.

Several Issues Relating to the Notarization of Private Debt and Credit

huge overhangs of private debt in deficit countries;

Worse, much private debt is secured against assets;