Sentence examples for based on debt has from inspiring English sources
The economic bandwagon of the past 30 years – the neoliberal global market and finance capitalism based on debt – has run out of road.
Now, everyone apart from the government feels in their bones that the neoliberal party is over; that the bubble based on debt has burst; that growth-growth-growth of a financial kind was always a daft idea and in an obviously finite world is self-immolation writ large.
Because our money system is based on debt, it has a growth imperative baked into it.
Internationally, Standard & Poor's, the company that designates credit ratings to countries based on their debt, has published research arguing that global warming will start to affect the risk of investing in the debt of both developing and developed countries.
Some say too much of China's breakneck growth in recent years has been based on debt issued to finance highways and other projects beyond the nation's current needs.
(Update: Earlier I'd described this as a Series D, but as this is based on debt and not new shares I've changed the wording.
"It is the price that has to be paid getting from point A to point B. We had a system based on debt and it was totally unsustainable.
Lora and Olivera (2007) and Lora (2009) find that excessive debt ratio and high interest payments on debt have a restrictive effect on social expenditure.
