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But businesses and consumers are positively encouraged to borrow.
It began with low-income Americans being encouraged to borrow mortgages they couldn't afford.
Third sector leaders fear that it is creating a culture in which financially vulnerable charities are encouraged to borrow and take on risk.
Today the station's bourgeois aspects include lavender-tinted tiles – a rarity in the underground – and in the entrance hall a jug of flowers and an informal lending library: a few shelves of books that commuters are encouraged to borrow.
In addition, property-price booms lure in more investors, who are encouraged to borrow heavily in order to bet on further price gains—a course which eventually ends in tears.Indeed, the consequences of large increases in asset prices can be much more serious for economies than consumer-price inflation.
"It is highly unlikely, however, that we will see a return to higher LTV deals such as Northern Rock's Together, where buyers are encouraged to borrow up to 125% of the mortgage amount," says Bien. "This would be irresponsible and would generate negative publicity.
Similar(50)
Epidemiologists and public health specialists should be encouraged to not simply borrow methods from other disciplines but to develop new methods that encompass the appropriate public health perspectives.
While we bomb Libya from the skies, Americans will be encouraged to keep borrowing and buying.
Its banks remained solid, while low interest rates encouraged consumers to borrow and spend.
We trusted the banks and they encouraged us to borrow money".
But the colleges that encouraged them to borrow rarely suffer any consequences.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com