Sensible debt-to-equity ratios, including stiffer equity requirements for volatile short-term debt, and clearinghouses for almost all derivatives would efficiently accomplish what Dodd's monstrosity purports to do and manifestly does not.
We are licking our wounds, recovering from an intoxication that made all of last night's terrible decisions seem sensible, a debt which we must now pay back with interest.
A sensible deal involving debt being written off will give Tsipras the political room to agree to conditions very like those rejected in the referendum because it will be seen as an even-sided agreement rather than austerity without end on creditors' terms.
The original post: Sam, Janet, and Fiscal Policy One of the common arguments against fiscal policy in the current situation – one that sounds sensible – is that debt is the problem, so how can debt be the solution?
What looked like sensible levels of debt for companies a year or 18 months ago now look ridiculous.
If there is to be any sensible deal to raise the debt limit, they also need to rebut the amendment's false and dangerous premises — not an easy task given the idea's populist appeal.
You are right in thinking that, on the face of it, because your mortgage has a lower interest rate than the rates paid on your other debts, it would seem sensible to transfer all your debt to the same low rate.
However, the strategy to reduce short dated debt looks sensible.
This was still the era of "don't borrow, save up and buy when you can afford it".' However, he then realised that inflation made borrowing a sensible option, as the debt stayed constant as salaries and assets grew apace.
"I think it is sensible to forgive some debt as we go through the process of restructuring the economy here, but is this the right company?" asked James P. Fiorillo, senior banking analyst at ING Barings in Tokyo.
