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"The country is borrowing itself into the grave," frets Tony Hawkins of the University of Zimbabwe.Consumers are in sunnier mood.
Washington is now borrowing itself in order to get consumers and homeowners who are already over-indebted to spend and borrow more.
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Last year, its business loans had an average interest rate of 4 percent, a nice fat yield for a bank that had to pay only 0.45 percent on the money it borrowed itself.
There is also something rather odd about the government issuing bonds with one hand and buying them with another in effect, borrowing from itself.
Matters is borrowing from itself, from columns in previous presidential years about this very same subject -- the conspicuous absence of an urban consciousness among presidential candidates.
The prison was sold by Gov. Mario Cuomo in 1991 to the state's Urban Development Corporation for $242 million, a move that allowed the state to cover a budget shortfall by, in essence, borrowing against itself.
It could finance decades of deficits by borrowing from itself even if oil were cheaper than it is now.Over the past year production by non-OPEC countries, such as Russia and America, has risen from 55m b/d to 57m b/d.
The Interior Department should not have to borrow from itself to protect these creatures that are so important to American agriculture.
The total debt, which the clock tracks, also includes money the government borrows from itself to pay for Social Security.
With a primary surplus, Greece no longer needs to borrow for itself; so it could now more easily default on its debt.
Mounting this show has required an enormous number of international loans, and to complete the show the Modern has, in a sense, borrowed from itself.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com