Word: repaying
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Dates: during 2000-2009
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...some point, most economists argue, the U.S. will have to balance its budget and repay what it has borrowed to fund the spending spree. That will most likely mean reducing outlays and raising taxes in the future. But neither presidential candidate can convincingly argue that a balanced budget is possible in the next few years. Both are advocating economic programs that will probably increase the deficit even more. Republican candidate John McCain is calling for some $52 billion in economic recovery spending, while Democratic candidate Barack Obama's plan would cost roughly $175 billion. Both McCain and Obama have vowed...
...particularly those that invested some of their capital in property and stocks - are facing crippling cash shortages. On Oct. 9, U-Right, a clothing retailer with about 100 outlets in Hong Kong and another 500 in China, was forced to liquidate after it could not meet bank demands to repay its debts. Analysts say the company borrowed too much and expanded too fast in the rush to catch China's economic wave. As the global economy slows, that's likely to become a familiar refrain - and as a result, lenders are increasingly scrutinizing their customers' balance sheets and cash-flow...
...their operations. Now they will have to tighten up, or they will have to contract in the future." Last week, U-Right, a clothing retailer with about 100 outlets in Hong Kong and another 500 in China, was forced to liquidate after it could not meet bank demands to repay its debts. By Sunday, some of the chain's Hong Kong stores, already picked over by bargain hunters, were shuttered...
...only 37, and my wife and I have never earned more than $80,000 in a single year. Yet we have already paid for two homes. I am angry about giving money to irresponsible individuals who borrowed far more than they could repay. They have driven home prices to historic levels by creating what amounts to artificial demand. We played by the rules: we paid our mortagages off. Some 25% of subprime housing borrowers did not. So who gets punished? People like my wife and me. Colin Buckley, Albuquerque, New Mexico...
...reports, Choi became depressed when rumors started circulating last month in the country's very active online communities that she was a loan shark and had driven a fellow actor, Ahn Jae Hwan, to kill himself. The word on the Net was that Choi had been pressuring Ahn to repay a loan of some $2 million. After enduring the accusations (which police said after her death were untrue), Choi killed herself in a "momentary impulse," according to the investigative team, driven by malicious rumors and prolonged stress...