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The current scheme proposes permanent debt write-off for a selected group of nations which are now well-run.
Yet the costs of these regulations are falling squarely on the shoulders of small fishermen who are poor, uneducated and in permanent debt.
After financing a project and dispensing rewards, artists who use Kickstarter are in a permanent debt to the fans who supported them.
The wealthier European Union nations could transfer funds to Greece and the central bank as permanent debt relief, rather than continuing with debt rollovers that may look similar to Ponzi schemes.
Re "Your Child Got Into an Ivy! Do You Have to Say Yes?" (April 17), about whether to choose a marquee college and thus risk going into permanent debt.
After seven years of adopting grueling austerity in return for emergency bailout aid many are openly questioning the wisdom of applying yet more measures that have already put Greece in a permanent debt deflationary cycle.
Similar(47)
The outcome of his negotiations chiefly with Germany, the euro area's reluctant paymaster will in turn help shape a permanent debt-restructuring mechanism that will replace the European Financial Stability Facility (EFSF) when the interim rescue arrangements expire in mid-2013.Politics mid-2013.Politicsermany, too.
He has said he does not want Hungary to be saddled with permanent debts.
Most shift workers have a permanent sleep debt.
But excessive borrowing, adding to permanent national debt, to cut taxes or boost spending is the wrong approach.
Some people in the bond market are getting nervy about this because what it looks like is a permanent sovereign debt resolution mechanism which says: hey, banks - next time a country goes bust you will be classed as irresponsible lenders and you will be last in the queue to get your money back.
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