Countries contemplating joining the bandwagon of sovereign-bond issuers would do well to learn the lessons of the all-too-frequent debt crises of the past three decades.
Borrowers who fall behind on their student loans for about 12 months are deemed to be in default, setting off a series of actions that can include wage garnishments, frequent calls from debt collectors and the seizing of government benefits.
The Treasury is ramping up its auction calendar, holding more frequent sales of government debt and selling the debt in expanded amounts.
Men accused of lesser crimes, such as delinquency on debts, were allowed frequent family visits and free range of the large compound.
Sovereign-debt crises involving bonds issued under American law will become harder to resolve.Meanwhile the IMF's new plans could make the modification of debt contracts more frequent.
The descriptions of his romantic affairs are less frequent than the lists of his mounting debts.
The subsequent 30 years saw a widening in income inequality, rising debt, weaker trade unions and increasingly frequent periods of financial instability.
Then there's the matter of the two companies' heavy debt, hearty appetite for cash and frequent need for fundraising.
The FTC charges against Thaker are the latest in a series of police actions by the government agency to put an end to rogue debt collection operations that have become more frequent in the aftermath of the Great Recession.
Stories like that one are becoming more frequent in Iran, as the industrial sector suffers from unpaid government debts and a tightening of bank credit.
