According to a report prepared for the International Labor Organization, millions of Pakistan's poorest people are working for little or no money to pay back debts to their employers.
Buying bonds backed by the full faith and credit of a governing authority and revenue bonds backed by sewer and water are the safer than bonds for private-public projects that require a business to make money to pay back debts.
FORBES: Loose Lips, Lots Of Hype Make Municipal Bonds Look Juicy
The less likely a country is to be able to pay back its debts, the lower the rating.
In reality, Vick is on a court approved restructuring plan to pay back his debts, including tax obligations.
FORBES: Despite Headlines, Michael Vick Making a Financial Comeback
Companies are hoarding cash to pay back their debts, shrinking their assets.
During the recession of 1995, interest rates of up to 100% made it impossible for many lenders to pay back their debts and turned the already shaky banks into basket cases.
ECONOMIST: The beginning of the end of the longest-ruling party | The
The second part of the lender of last resort is that if government itself gets into debt repayment problems then you can simply print more money to pay the debts back.
FORBES: Eurozone Leaders: Now They're Making the Crisis Worse Through Stupidity
The stated intention of this policy is to introduce more inflation as a means to potentially stimulate economic activity, but it also provides a means to pay back the large amassed debts with less valuable paper currency without having to deal with the short-term pain of actual default.
And borrowers had to bring their capital back home to pay off their debts.
He said the main concern of many larger banks was to "shore up their balance sheets" and pay back any debts to the Treasury.
IMF's own face: the money will in effect be used only to pay back Russia's other debts to the Fund.
Inflation also amounted to the first redistributionist policies, effectively stealing from creditors to favor debtors, who could pay back their debts in depreciated currency.
FORBES: Rethinking Money: The Rise Of Hayek's Private Competing Currencies
He lists seven factors, including the level of debts and the ability to pay them back.
Senior economists are examining what would happen if Greece were forgiven some of its debts, if it did not have to pay back a chunk of its debt to the banks.
应用推荐