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Exact(22)
That pledge is the single biggest reason the federal government is now on the edge of default.
AT LEAST the panic of the spring, when Greece was on the edge of default, has receded a bit.
"This is yet another example of Congress trying to force my hand… Unfortunately, [it] consistently brings the government to the edge of default before facing its responsibility".
In an editorial last week, the Times called the pledge "the single biggest reason the federal government is now on the edge of default".
The last time Greece was teetering on the edge of default was 2010, when it owed money to lots of foreign banks.
BNP, a french bank, faces huge fines in the US, global capital spending declines and Argentina veers on the edge of default.
Similar(36)
And it was the Republican Party that took the United States to the edge of defaulting for the first time in its history, risking world financial chaos.
"As a country we have reached the edge of official default".
Greece, Soros added, was on the edge of a default that could push it out of the euro.
It could still happen, as Greece perches on the edge of a default that analysts at Berenberg Bank calculate would bring aggregate losses of €425 billion, or $543 billion, and through contagion threaten the viability of the euro zone.
Greece is teetering on the edge of fiscal default.
More suggestions(16)
the edge of insolvency
the edge of gaps
the edge of defaulting
the brink of default
the danger of default
the probability of default
the threat of default
the edge of extinction
the edge of disaster
the choice of default
the risk of default
the combination of default
the edge of fashion
the likelihood of default
the edge of reality
the possibility of default
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com