Sentence examples for headed for default from inspiring English sources

If it falls, Greece could be headed for default and exit from the euro.

AIG's own credit spreads implied that the company was headed for default (see chart).

So, with no income and my private student loan payments, interest and fees, I was headed for default.

Now, on top of junk loans that are headed for default, more people will find themselves strapped because they are out of work.

Though not likely to be aggressive enough — some two million homeowners are now headed for default — the refinancing effort is a good first step.

A watershed debt restructuring deal in 1999 patched Astra's finances together after its first default, but it was headed for default again this year.

It is truly frightening to see New York Times bonds yielding 23%, an indication that the nation's leading newspaper company is headed for defaults or outright bankruptcy.

Yet the Philippines' financial situation is much improved since a year ago, when there were fears that it was heading for default.

Fears of another Argentina caused the real and Brazil's bonds to plunge to levels that suggested the country was heading for default within months.

And in the short term the financing from Russia will prevent the nation heading for default.

A number of important emerging-market countries like Ukraine seem to be headed for debt default, while a highly oil-dependent Russia seems to be on the cusp of a full-blown currency crisis.