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Jittery investors are scrutinising Europe for signs of another Greece-style debt overload.
California, New York and other states are showing many of the same signs of debt overload that recently took Greece to the brink — budgets that will not balance, accounting that masks debt, the use of derivatives to plug holes, and armies of retired public workers who are counting on benefits that are proving harder and harder to pay.
The TARP fund is the result of a debt overload in the system.
Sears' debt overload had made some investors skittish, putting bearish overtones on an already risky retail proposition.
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How is it even possible that our global society has the capacity to produce an ecologic footprint so gigantic, so as to walk the knife's edge of biological bankruptcy and to create a nature debt overloaded with interest so high that our seventh generation future will surely struggle to re-pay it?
That condition, the bane of the middle class, is defined in a book of the same name as "a painful, contagious, socially transmitted condition of overload, debt, anxiety and waste resulting from the dogged pursuit of more".
I'm very impressed by their fortitude and cheeriness, with what seems to me like a hell of a life, burdened with debt, insecurity, information overload, constant testing, intern culture, digital devices, anxiety and general frenzy.
The term "affluenza" -- a portmanteau of affluence and influenza, defined as a "painful, contagious, socially transmitted condition of overload, debt, anxiety, and waste, resulting from the dogged pursuit of more" -- is often dismissed as a silly buzzword created to express our cultural disdain for consumerism.
But not only did Mr. Woerth run the budget, but he is now the labor minister and the main author of Mr. Sarkozy's plans to raise the retirement age in France and reduce the debt of the overloaded pension system.
This will be caused by the need to bail out the overload of debt held by "shopped-out, saving-less and debt-burdened U.S. consumers".
In addition, consumers are finding it difficult to repay an overload of debt amid a wooden economy.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com