Sentence examples for devastating debt from inspiring English sources

"Such a scheme would help people regain control of their finances and stop temporary setbacks turning into long-term, devastating debt problems".

A seemingly never-ending slump in commodity and oil prices is taking its toll on Africa's export-reliant economies, prompting fears of a new, devastating debt crisis.

Everyone fears such large changes, but without change we will just run further into debt and more Americans will be unable to obtain needed medical care without incurring devastating debt.

People below poverty line in India with conditions requiring tertiary care have the choice of trying to access lower cost government tertiary care services, taking on devastating debt to pay for care from private sector hospitals, or experiencing the health consequences of foregoing treatment for their illness.

Republicans, he said, were unlikely to stand strong in their efforts to defund the health care law when faced with the risk of potentially devastating debt default.

And then Mrs. Cruz's boss, Goldman's chief executive, Lloyd C. Blankfein, turned up at the White House to urge against a devastating debt default, one of the issues with which Mr. Cruz had become closely associated.

Deflation a devastating disease in debt-laden economies could set in as record economic slack pushes down prices and wages, particularly since headline inflation has already plunged thanks to sinking fuel costs.

Then Wall Street excesses blew up the economy, dramatically increasing the national debt, and devastating public budgets at every level.

And, as for Fox News's apocalyptic visions of foreign creditors using US debt as a strategic weapon, it would be impossible for China to call all US debts without devastating its own export-dependent economy – a reality that the State Department's Robert Hormats has called "Mutually Assured Depression" (MAD).

Conservatorship was saved the housing market and mortgage debt markets from devastating collapse.

President Barack Obama and Federal Reserve Chairman Ben Bernanke warned this week of potentially devastating economic consequences if the debt limit was not raised by an August 2 deadline, when the Treasury Department has warned it will no longer be able to pay all of the country's bills.