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The country is also facing the fallout from a huge borrowing spree — between 2007 and 2014, the total debt load quadrupled.
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Wearing a huge borrowed jumper from the visitors' dressing room occupied by Durham, for whom he played two matches while preparing for Sri Lanka's one-day and Test series against England, the great batsman still smiles through the rainy cold.
Still baking from their own domestic kitchens, fear about the risk of huge borrowing for a cafe led to a change of strategy and the pair launched their website while networking furiously.
Labour is vulnerable to a loss of confidence among the investors who must finance the government's huge borrowing requirement.
Not many people subscribe to the notion that it is better for countries to borrow, except when they are talking about the U.S. It is time for a paradigm shift: Asian countries should stop being thrifty and learn to indulge in huge borrowing in order to build megaprojects, as did Malaysia's former prime minister, Dr. Mahathir.
As long as that remains the case, the huge borrowing can continue.
The frenzy was financed with huge borrowing on the part of Irish banks, largely from banks in other European nations.
But India's financial system isn't deep enough to absorb demand from this huge borrowing programme.
Their protestations that America's General Electric is a conglomerate too only go to show how undiscerning their expansion was.That diversification went hand in hand with huge borrowing.
As a strong pro-European, the Socialist is unlikely to want that -- especially since France has its own huge borrowing needs.
They also point out that the city's debt burden as a percentage of its budget is still about three times the state's, because of the huge borrowing former Mayor Rudolph W. Giuliani approved.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com