Moreover, crippling debt burdens are hobbling the other two economies, especially the American one.
FORBES: The Japanese Disaster: What's Next for Japan? For Us?
To meet the revenue's demands, many have been forced into crippling debt or bankruptcy.
At least a consensus has finally been reached by the Paris Club on reducing Iraq's crippling debt burden.
Even worse, almost from day one the company was saddled with crippling debt.
The US economy continues to struggle with crippling debt and unemployment.
FORBES: 24/7 December News Cycle: Politicians, The Economy, Holiday Sales
The current disaster means a generation or more of crippling debt to foreign banks, who invested in us as carelessly as we ended up investing the money.
FORBES: A Modest Proposal For Rescuing Ireland: Start Selling It Off
Wall Street was off to another fast start Friday as leadership changes in Europe temporarily take the focus off the crippling debt crisis that continues to plague global markets.
Indeed, the fact that Russia has continued to grow at all while its major foreign trading partner, the European Union, has been wracked by a crippling debt crisis is a surprise on the upside.
FORBES: Russian Industrial Production Increases by 4% over 1st Quarter 2011
Gary Lewis, a distressed-assets expert who runs a financial website called scrantonisbroke.blogspot.com, wants the city to consider filing for bankruptcy, which would allow it to restructure its crippling debt and change its expensive labour contracts.
ECONOMIST: Yet another American city struggles to stay solvent
In spite of the threats to his safety and the tough recall campaign in which he finds himself, the results show that he made the right choice for the people of Wisconsin: to secure their independence from a crippling debt.
FORBES: This Is Wisconsin Gov. Scott Walker's John Hancock Moment
In its 2011 Annual Global Risks Report, the WEF warned the world's economy could not withstand any further shocks to the system and identified 37 main threats to its future stability, from crippling government debt and cyber security, to unsustainable pressure on resources and food security.
Near-crippling, too, are levels of debt servicing and obligatory pension payments to former public-sector officials.
That could happen, but only if the anemic Obama recovery is followed by crippling tax hikes to repay all the debt we ran up in the Bush and Obama years.
FORBES: Stocks Are Up 150% From The Bottom. Can They Go Up From Here?
This will relieve the chaebol of their crippling interest payments and help them to reduce their debt-equity ratios to a target of less than 200% (compared with 400-500% now) by the end of next year.
Worse, the yard faced crippling working-capital shortages, because it never bothered to restructure its debt.
That said, GM has well-known problems: too much debt, too many dealers and brands, high labour costs, and crippling liabilities to pensioners.
应用推荐