But should the leaders fail to devise a convincing enough plan, there is widespread fear the borrowing costs for both of those countries will rise so high that the governments will be shut out of borrowing in international markets — the same way Greece, Ireland and Portugal were before they had to be bailed out.
In response to recent calls from the International Monetary Fund (IMF) to slash rates to lift Britain out of its double-dip recession, Sir Mervyn said an interest rate reduction would fail to lead to widespread cuts in borrowing costs and could instead damage small lenders.
TWO months ago, when a sudden burst of volatility broke over the world's financial markets, concern focused on the "carry trade"—the apparently widespread practice of borrowing yen at dirt-cheap interest rates in order to buy higher-yielding assets in America, Australia or even Iceland.
Given that markets are just made up of lots of people, it's difficult to rationalise the placid market reaction to American borrowing with widespread fear over same.
And there is widespread concern about those who borrow heavily for college, then drop out, or take extra years to graduate.
The umbrella term usually used to encompass all these non-invasive, scalable and potentially ubiquitous of neurotechnologies is "pervasive neurotechnology" (Fernandez, Sriraman, Gurevitz and Ouiller 2015), a notion borrowed from the most widespread notion of pervasive computing.
The vans drew widespread criticism, including claims that May was "borrowing the language of the 1970s National Front".
The report fails to meet the widespread demand for the "cap" on HRA borrowing to be removed or at least raised...raising the cap and the other ideas for borrowing do not in themselves guarantee target rents - for that, either grant or cross-subsidy is required.
The reality of human experience is that borrowing and cultural mixture are widespread.
And in Washington, a Congressional standoff over the U.S. Treasury's ability to borrow money has led to widespread fears of market shocks, missed government payouts, and a national credit downgrade.
