But the debt isn't because of excessive spending in the past.

But the problem of excessive government debt is not confined to the EU.

This time was not different. Massive speculation and borrowing led to excessive debt burdens and ultimately, to default.

This time was not different. Massive speculation and borrowing led to excessive debt burdens and ultimately, to default.

I think it's excessive Internet use in general, excessive video gaming, excessive new access to pornography.

NEW YORK Like individuals, corporations, and other private firms that rely on bankruptcy procedures to reduce an excessive debt burden, countries sometimes need orderly debt restructuring or reduction.

In an ideal world, Europe would deal with its excessive debt burdens through a restructuring of Greek, Irish, and Portuguese liabilities, as well as municipal and bank debt in Spain.

Moreover, France s rapidly worsening foreign trade deficit is boosting already excessive debt levels, while output is falling and unemployment is rising.

When I mentioned spending money I am not referring to the US debt held by China but excessive printing of yuan.

Avoid excessive forum posting.

Please refrain from excessive drinking.

It could do so because its economy, apart from its excessive debt burden following the collapse of an asset bubble, was basically sound.

The excessive debt accumulated by households has been worked off much more rapidly and, once losses have been recognized, people can start again.

On the other side is the risk of excessive debt, currency instability, and where unemployment is structural doubts about the benefits of additional stimulus.

The UK, Spain, and Ireland are experiencing similar developments, with housing bubbles deflating and excessive consumer debt undercutting retail sales, thus leading to recession.

Instead, they focused exclusively on US foreign debt, ignoring household debt (mortgage and consumer debt), public debt, business debt, and financial debt.

It is neither disproportionate nor excessive.

Tom complained about the excessive noise.

First, although differences on trade and economic policy must be addressed, short sighted self interest must be countered actively. Excessive surpluses in some countries and excessive debt in others, fueled by undervalued currencies and runaway government spending, respectively, must be curbed.

Excessive debt caused not only the 2008 crisis, but also the East Asia crisis in the 1990s and the Latin American crisis in the 1980s.

Given the amount of distress brought about by excessive debt, one might well ask why individuals and countries have repeatedly put themselves into this situation.

So, with policymakers and pundits railing against sustained oversized trade imbalances, we need to recognize that the real problems are rooted in excessive concentrations of debt.

Crises like those we have recently endured were initially driven by excessive debt and leverage among private sector agents households, banks and financial institutions, corporate firms.

Excessive leverage needs to be reined in.

Excessive concern with safety can be dangerous.

Debt

What is required is a stronger emphasis on automatic sanctions for fiscal profligacy and excessive debt than is contained in the EU Commission s current proposal for reform.

The impact of slowing global trade is most apparent for Germany, which was not burdened with excessive household or corporate debt, and enjoyed a favorable fiscal position.

Excessive reliance on debt finance has undermined basic tenets of democracy, with government finance increasingly determined not by electoral cycles and political deliberation, but by repayment schedules.

This then leads to more bad assets and non performing loans, more excessive investment in real estate, infrastructure, and industrial capacity, and more public and private debt.

Second, while monetary policy has limited impact when the problems are excessive debt and insolvency rather than illiquidity, credit easing, rather than just quantitative easing, can be helpful.

Excessive taxation can dull incentives and hinder growth.

Indeed, China has a rare problem excessive savings.

Excessive use of force 2 2 9 13

More debt relief encompassing more countries and more debt (including bilateral debt) is needed.

More debt relief encompassing more countries and more debt (including bilateral debt) is needed.

A country drowning in debt needs debt restructuring.

Larger firms even those with large debt problems can refinance their excessive liabilities in court or out of court but an unprecedented number of small businesses are going bankrupt.

These countries do not have the excessive budget deficits that many European countries ran up during the last expansion and that are culminating in today s mismanaged sovereign debt crisis.

Investors, seemingly even less informed about the risk of excessive leverage than banks, put enormous pressure on banks to undertake excessive risk.

But excessive catches are not even the whole story.

Another period of excessive pessimism arose a year ago.

Tobin was concerned about excessive fluctuations in exchange rates.

The amount of the tear gas used was excessive.

These imbalances ultimately reflected the accumulation of excessive international liquidity by countries like the US, stemming from excessive savings by countries like China.