Word: solvently
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...These mass withdrawals pose a direct, albeit somewhat nebulous, threat to China's legitimate (but often poorly managed) lenders, which are burdened by bad loans to state enterprises and depend heavily on the deposits of ordinary Chinese to remain solvent. If the rest of the country follows Zhejiang's example, the deposit exodus could shake confidence in the entire system, sparking bank runs and a financial crisis. Arthur Kroeber, managing editor of the Beijing-based China Economic Quarterly, says the main reason the government increased interest rates last month by 0.27% for one-year loans and deposits?China's first...
...investment-based system may be the best way to keep Social Security solvent. That’s why it was one option recommended by the Clinton-appointed Advisory Council on Social Security in 1997. The council called for a transitional 1.5 percent increase in payroll taxes to maintain retirees’ benefits while younger workers established personal accounts. (Maintaining benefits under the current system would likely require a much bigger hike.) Thoughtful economists have also recommended partial redistribution among the personal accounts to shield individuals from heavy investment losses. Mr. Bush’s plan, in contrast, is unfunded...
...Part of him opposed it in the sense that his primary responsibility was to see that the University was affluent and solvent,” Keller continues. “And to get into the business of deciding what was moral and what was immoral in the way of investments was going down a dangerous road...
...strongly believe in the ideas and principles that go back to the New Deal and the social security act of 1935,” she says. “Cambridge is an economically solvent system overall, but there are several pockets that are not reaping the benefit of the high tech and the expansion...
...publisher, has issued a desperate plea for readers to buy their books. Their book distributor went belly up, owing them tens of thousands of dollars, the publishers say. According to their press release they need to sell off $80,000 worth of books in the next month to remain solvent...