Sentence examples for scale debt from inspiring English sources

Both on an individual and a national scale, debt imprisons.

This has been vital to capitalism's success.Today's problems, according to Mr Cooper, are caused by the high debts built up by those lower down the social scale; debt transfers money from poor to rich.

Without large-scale debt forgiveness, nothing will change.

Our recommendations are threefold: Economic growth must precede full-scale debt restraint.

What is more, while a large-scale debt restructuring is necessary, it will be complicated.

Any solution that does not involve large-scale debt forgiveness is doomed to failure.

But Germany, Greece's largest creditor, has so far resisted large-scale debt relief and is implacably opposed to any step that could lead to reducing Greece's debts.

But unlike in Iceland, where there was large-scale debt forgiveness, consumers and the government were left with big piles of debt.

The result was a widespread loss of credibility both for the fund and for recipient countries, leading to large-scale debt restructurings and forgiveness in the 1990s.

The IMF electrifies the referendum debate in Greece after it concedes that the country needs up to €60bn of extra funds over the next three years and large-scale debt relief.

Regulators like the comptroller of the currency and the Federal Reserve have been focused on maintaining the banks' capital levels, which could be hurt by large-scale debt forgiveness.