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Minsky argued that economic stability encouraged ever greater leverage and ambitious debt structures.
The International Monetary Fund is asking Europe to approve an ambitious debt relief plan for Greece, its most substantial move yet to ease the terms of loans that are widely viewed as untenable.
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Some analysts predicted problems arising from the I.M.F.'s continued insistence on ambitious debt-reduction goals.
She questioned whether the ambitious debt-reduction goals set for Greece in the next eight years could be enforced.
WASHINGTON — The ambitious debt-reduction plan before President Obama's bipartisan commission is likely to get support from a majority of the members on Friday but fall short of the votes needed to send it to Congress for a vote.
Investors, apparently impressed by the company's strides toward restoring profitability, its improved outlook for 2002 and its ambitious debt-reduction program, sent the share price up more than 4percentt at one point.
Obama has already spoken to House Speaker John A. Boehner (R-Ohio) about the possibility of building support for a more ambitious debt-reduction plan, according to people with knowledge of those talks, who, like others quoted in this article, spoke on the condition of anonymity to shed light on private negotiations.
Adams said Jessops' dire financial situation was not the result of the recession but of over-ambitious debt-fuelled growth plans which left the retailer owing HSBC some £60m.
For many of the men working on these ambitious undertakings, though, debt looms large.
"By starting off the first month of the year with a sukuk of this size, they are sending a strong message to the Saudi market and beyond that the government is ambitious about revitalizing debt markets".
A contraction in growth makes it even harder for Greece to achieve the already ridiculously ambitious deficit and debt reduction targets set for it by its creditors, and on past form that will lead sooner or later (sooner in this case) to a fresh financial crisis and the imposition of further austerity measures.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com