Sentence examples for a big debtor from inspiring English sources
The strongest negotiating asset of a big debtor is always that default cannot be contemplated because it would bring down the financial system.
As America has become more reliant on foreign lenders, it warns, so it has become more vulnerable to "financial warfare", of the sort America itself threatened to wage on Britain, a big debtor, during the Suez crisis.
A scenario for the next world financial crisis is already obvious: a default by a big debtor -- maybe a country, maybe a big corporation (say an overambitious telecom company) creates a bond market panic.
A rule intended to stabilise government debt at 60% of GDP, one of the Maastricht criteria for joining the euro, would allow most governments (but not Italy's, a big debtor) to run a small deficit most of the time and permit occasional deficits of more than 3%.
It's not big enough to save a bigger debtor, like Italy, from contagion, but so many bonds are today held by official institutions that market pressures are not what they were in 2010-11.
According to official measures, the United States is a big net debtor.
"It looks like, if you get to be a big enough debtor to the I.M.F., you get to call all the shots".
Brazil has the clout -- it is a big enough debtor -- to play hardball with the fund, though it probably would not, analysts said.
If he is right, the euro zone, officially a big net debtor, becomes a net creditor.Dodgy funds from poor countries, too, are attracted by the secrecy offered by some jurisdictions.
In 1976 Britain became the IMF's first big debtor, borrowing $3.9 billion.
The big debtor countries – the United States, Britain and the weaker members of the eurozone – need to rebalance their economies away from domestic demand and towards investment and exports.
