Sentence examples for a debt trap from inspiring English sources

Kuttner wants more deficit spending in the United States because, he says, America remains imprisoned in a debt trap.

Otherwise the government will eventually fall into a debt trap, borrowing ever more just to service earlier debt.

More than 270,000 farmers caught in a debt trap in India have committed suicide since 1995.

In fact many economists fear Greece has already entered a "debt trap," where paying the interest on its mound of debt requires more and more loans.

More and more experts are questioning the wisdom of budget cutting because countries like Greece and Portugal are already caught in what they call a "debt trap".

If we are going to spend more now, it is imperative that we lay out a credible plan to avoid falling into a debt trap.

"A lot of the Caribbean countries are stuck in a classic debt trap," says Carl Ross of Oppenheimer, a securities firm.

Soros said in early December that the global financial system is in a "self-reinforcing process of disintegration," as a "deflationary debt trap" takes hold.

Developed countries are falling into a "deflationary debt trap," in which consumer spending falls, products become cheaper, tax revenues drop, and sovereign debt grows, Soros said last week, according to the Wall Street Journal.

Not surprisingly, it did not take long for rapidly accumulating renewal fees to create an inescapable debt trap.

Their spending cuts have already thrown the economy deeper into recession, leaving Greece even more enmeshed in a so-called debt trap.