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To finance its trade deficits, the United States has been borrowing record amounts from foreign investors and banks.
Japan is already borrowing record amounts of money to finance public works projects to stimulate the economy, and the rising indebtedness led Moody's Investors Service to lower Japan's credit rating last week.
It is, to say the least, odd that at the beginning of an economic recovery many indicators low saving, rampant household borrowing, record house-building and uncomfortably high stockmarket p/e ratios to name but a few have more the look of a cycle that is drawing to a close.Debt provides the best example.
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He learned more by borrowing records from an expansive rhythm-and-blues collection maintained by a mechanic in the rear of a gas station.
Indeed, on the evidence of the borrowing records from Welsh miners' libraries, the only books that no one wants to read are the works of the literary modernists.
She was referring to the USA Patriot Act, the antiterrorism law that gives the federal government the power to demand access to libraries' borrowing records.
In a provision that maintained the traditional high-policing function of monitoring the circulation of ideas in society, the PATRIOT Act also allowed law enforcement and intelligence agencies to obtain the library borrowing records of individuals without their knowledge.
Many face distinctive hurdles compared with large businesses: they have tighter profit margins and thus less room for mistakes, they have diminished access to credit markets and, even with creditworthy borrowing records, many say they're not getting the loans they need.
Notes of one of the "ladies' committee" meetings details how the flamenco music of Satie and De Falla was deemed appropriate background for the party, "Mrs Morland [ ICA board member and doctor's widow"] would investigate the possibilities of borrowing records and securing steriophonic [sic] installation free of charge".
British consumers borrowed record amounts in May as mortgage lending soared.
Investors bet an accelerating recovery would fuel inflation and reduce demand for government debt as the country borrowed record amounts.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com