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Two years of insisting that weak economies carry out tax increases and spending cuts have brought nothing but recession and deepening indebtedness.
North Carolina's black economic backwater suffers from systemic economic exclusion characterized by the lowest rates of education in North Carolina, pitifully low levels of investment, deepening indebtedness and acute never-ending unemployment.
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The region's parliament gained extra powers in taxation and judicial matters, although the deepening recession and Catalonia's high indebtedness has spurred calls for independence from Spain.
The language of the proposed changes was softened after protests by intellectuals and the Church, but the regime felt it needed additional authority given the indebtedness to the West and the deepening economic crisis.
The recession is deepening.
Deepening rifts Too optimistic?
–Deepening quagmire.
"The situation is deepening.
As a strongly policy-driven cycle, embedding subsidies, it led to private sector indebtedness likely above those levels that would stem from the elasticity of credit to GDP and structural determinants of financial deepening.
Indebtedness, as one account points out, is the "proverbial last straw" in the causal chain [ 28]: "The build-up of farmer debt is a direct result of the deepening agrarian crisis, and the wave of farmer suicides is a direct outcome of mounting debt" [ 8].
That deepened the mystery.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com