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I am concerned about this lack of borrowing, as it can harm beneficiaries".
And as in the case of Mr. Shreve, the lack of borrowing by American families was not always by choice.
We are looking to buy a house next year, but will his lack of borrowing history affect his credit score and a possible mortgage approval?
A cow needs 3 m for rising and lying down [ 5] and lack of borrowing space have been found to be a risk factor for lameness incidence [ 15].
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The government is under pressure to increase its own borrowing to make up for the lack of household borrowing and the fall in real wages, primarily by employing more people in the private sector to build bridges, roads and railways.
Lack of good borrowing choked off the economy, shut down businesses and all but stopped house-building.
Europe's lack of a borrowing culture may hold another negative for growth: some argue that it blunts the effectiveness of interest rates as a way for the European Central Bank to influence consumer behavior.
Yields on ten-year Treasuries, at 3.3%, are lower than they were in August 2008, before bail-outs and recession sent projected deficits into the stratosphere.It may be that other, temporary forces, such as the lack of private borrowing or the Fed's easy monetary policy, are offsetting any worries about deficits.
Both men showed astonishing resourcefulness and a lack of shyness about borrowing from themselves.
"None of my business contacts, large or small, publicly held or private, are complaining about the cost of borrowing, the lack of liquidity or the availability of capital," Mr. Fisher said then.
But the government is also to blame, thanks to its lack of reforms and high borrowing.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com