Sentence examples for disaster of default from inspiring English sources

But Congress loves illusions, and if it insists on preserving this one it should at least make sure that no fanatical faction of a political party can use the limit to threaten the economy with the disaster of default.

Maybe the speaker will end up allowing the government to shut down briefly so that the the Tea Party members can get it out of their system, and thus avoid the even worse disaster of defaulting on our debts a couple of weeks later.

And should the sides become more entrenched, this long-running war could still end in the disaster of Greek default.

BANKERS have a lot of explaining to do, following their confident predictions of default, devaluation and disaster in the Baltic states.

Like Michael Lomonaco, the chef of Windows, Mr. Zraly escaped disaster by default.

The combination of default and devaluation has helped Iceland limit the damage from its banking disaster.

Notice of Default is very clear: you have defaulted, you are in default, you are defaultive.

Transparency is the best way to avoid a repeat of the disaster triggered in recent years by these unregulated financial products, which are supposed to help investors manage risks, like the possibility of default or of interest-rate swings.

But now introduce the threat of default.

That partly reflects rising fears of default.

Without growth, the spectre of default remains.