Word: repay
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First came a vague foreboding, a kind of free-floating anxiety. The U.S., said worriers, could not go on forever spending more than it would tax itself to pay for, buying more overseas than it could earn from foreign sales, and borrowing more abroad than it could easily repay. There had to be a day of reckoning, and it could unhinge the whole world economy. But when might it come? What form would it take? How bad might it be? No one could say, and so the forebodings could be pushed to the back of the mind...
...mercenary? Do I have horns on my head? Sure, we have problems over there, just like you guys did in Viet Nam. But we had help from the East Germans and others in our Revolution, and it is our turn to help others. It is important that we repay our debts...
THIS FIGURE--about $6 billion in total defaulted loans--drives home the reluctance to repay federal financial aid by the very students who most forcefully speak of the government's obligation to provide it. The public does benefit from the dollars it lays out in return for a better educated populace...
However bright the coming decades appear for these scholars, a good number of them one day will have a dark past. They finance their undergraduate and graduate educations with loans supplied by the federal government at subsidized rates, promising to repay the American taxpayer once they find an occupation. But, in numbers far greater than one would expect from so privileged a group, these future leaders will betray that trust...
...Debtor has shown up strongly in recent weeks. Foreign governments have intervened repeatedly to prevent the U.S. dollar from sinking even faster than it has so far. A weaker dollar would make American exports cheaper and imports more expensive -- and that would make the U.S. better able to repay its debts. But America's major creditors, who are also its major trading partners, are not wild about a further rapid slide in the dollar's value: such a precipitate decline would erode the trade surpluses that made them creditors in the first place. They are better served...