"perpetual debt" is a correct and usable phrase in written English.
It is typically used to describe a type of debt that will never be fully repaid. For example: "The government's perpetual debt continues to increase as it struggles to pay off its loans."
Thomas Jefferson warned: "To preserve our independence, we must not let our rulers load us with perpetual debt.
And a graduate tax would not entail the shadow of perpetual debt, a condition which in most other contexts governments always warn against.
Then in 1996, America's Federal Reserve allowed banks to count 30-year subordinated debt as core capital.After the American move, regulators elsewhere jumped on the bandwagon, as dated capital costs much less than subordinated perpetual debt or equity.
Della and her two boys, like black sharecroppers all over the South, were technically free but lived as serfs bound to the plantation by custom, intimidation and perpetual debt.
Just as no one in the C.I.A. asked why Ames had the money for a sports car, no one in the Statistique seemed inclined to wonder if a man notorious throughout the Army for being a drunk in perpetual debt might be a likelier candidate to have sold secrets than a Jewish family man.
Adapted from her book "Payback: Debt and the Shadow Side of Wealth," due out in November, Atwood's essay addresses the psychological payoffs of perpetual debt (it keeps things interesting), and uses two examples from literature — Marlowe's Dr. Faustus and Dickens's Scrooge — to probe our culture's addiction to spending.
The result was a perpetual sleep debt as we struggled to keep up with the fire hose of information.
In effect, the basic income responded to the fact that in such villages money is a scarce commodity, and as such that has driven up its price, locking most in a perpetual cycle of debt and deprivation.
He's for big government, big debt and perpetual war".
But Zardari also became deeply unpopular throughout Pakistan, a nation crippled by rising debt, inflation, perpetual terrorist attacks and daily power outages that last as long as 20 hours in some regions.
It is harder to borrow money, Web sites demand attention and dollars to keep them up, inexpensive imports continue to change the dynamics of the marketplace, and the government sideshow of perpetual crises – election, fiscal cliff, debt ceiling — continues to make people nervous.
