Your English writing platform
Discover LudwigExact(7)
Is there any level of debts that Keynesians won't accept?
None of these factors has changed, meaning that any new Greek government faces familiar challenges in its efforts to obtain relief from its overwhelming level of debts.
Its financial stability report, a half-yearly update on risks to the financial system, listed domestic risks which include the uncertainty created by the Brexit vote, the commercial property sector, high level of debts in UK households and the potential vulnerability of the economy to a reduction in foreign investors buying UK debt.
On Tuesday, the Netherlands saw its borrowing rates fell to near zero percent in a pair of short-term auctions, in a sign that investors are searching out what they consider to be Europe's safer assets at a time of concern over the level of debts in a number of countries.
Low real rates and the tendency for the central banks to bail out markets whenever they falter have also fuelled the growth of the finance sector, which has seen the biggest relative rise in salaries.The legacy is a high level of debts across the developed world.
Rising interest rates would surely weaken consumption, because of consumers' low savings rates and their record level of debts.
Similar(53)
This level of debt is crippling.
The level of debt is an extra worry.
But the rising level of debt is not sustainable indefinitely.
Uganda's level of debt is now unsustainable.
One involves how to calculate the level of debt.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com