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A growing overhang of debt will only make it harder for the market to recover.
This, it reckons, has led to a growing overhang of completed but unsold homes.Worse, sales figures may be misleading.
Other serious headwinds besides a growing overhang of unsold homes are expectations for subdued capital spending (far too much excess capacity in U.S. industry), job growth lagging the pace of consumer spending and a "mildly restrictive fiscal policy".
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But the overhang of corporate debt and a growing bad-loan problem at India's banks is a bigger obstacle to a recovery in capital spending than the level of interest rates.
That said, the Chinese readily accept that the stimulus programme has led to a multitude of acute problems: chronic over-investment in industries responsible for infrastructure, excessive debt, a property market overhang and growing financial problems in local government.
In the immediate future, however, it is likely to track the currencies of the other "developed" economies while falling behind the currencies of the more rapidly growing nations that have less overhang (unfunded pension liabilities, entitlement programs, etc).. 19.
Central banks do this to force investors to take risk in hope of restarting the economy and growing out of the debt overhangs and shaken confidences that downturns produce.
You may wish to cut a branch for aesthetic reasons (because it overhangs something or grows in a direction it shouldn't) or because branches are rubbing or damaged.
Crystals of Dna2 bound to 5' overhang DNA, which consists of a 17-nt 5' overhanging ssDNA and a 6 base pair dsDNA (Dna2-5' overhang DNA in Table 1), grew from a similar condition but in a different space group, and have one complex in the asymmetric unit and higher diffraction limits.
The A-overhang added PCR product was purified using MinElute Gel purification kit (Qiagen, Germany).
An A-overhang was added to the PCR product for cloning into TA vector.
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