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"I think the structure that was put in place in '95 was an unsustainable structure," he said.
"The explosive growth of loans for cars, which already exceeds 4% of GDP, and the acceleration of housing prices are warning signs that we are on the way to creating an unsustainable structure of liabilities within the economy," he wrote.
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The rail industry will be told it needs radical changes to its "unsustainable" cost structure when the government publishes the terms of an in-depth study into the sector's strained finances this week.
Still, at the time he pledged to "push our president and the country's policy makers to address the dire challenges arising from our unsustainable debt structure and increasing lack of global competitiveness".
Continental drove itself into bankruptcy in the usual manner--the company made a number of ill-timed acquisitions and integrated them poorly, management became distracted by the acquisitions and let standards slip across the company, passengers became severely peeved by the low standards, and high jet fuel prices prompted by the first Gulf war created an unsustainable cost structure.
Continental drove itself into bankruptcy in the usual manner the company made a number of ill-timed acquisitions and integrated them poorly, management became distracted by the acquisitions and let standards slip across the company, passengers became severely peeved by the low standards, and high jet fuel prices prompted by the first Gulf war created an unsustainable cost structure.
As a result of this unsustainable cost structure, which Congress showed no interest in fixing even when the baby boomer demographic explosion was staring them in the face, the Medicare trust fund, before the passage of the new bill, was projected to go bust in 2017.
I will continue to push our President and the country's policy makers to address the dire challenges arising from our unsustainable debt structure and increasing lack of global competitiveness.
In Swaziland, high browsing pressure by goats in communal land and impala in game parks may suppress the recruitment of Acacia nigrescens, resulting in an unsustainable population structure with limited regeneration of the population (Roques, et al., 2001).
But major airlines like United can also blame their unsustainable cost structures, and equally unrealistic pricing models, for their financial troubles.
And if the regime wobbles, then its capacity to sustain the unsustainable economic structures will wobble and Leninist corporatism will unravel.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com