However householddebt levels are ordsprog

However, household-debt levels are seen as a concern, with households finding themselves in some difficulty if debt-servicing costs increase.

Shireen Darmalingam

There is a danger that if debt servicing costs increase, many households will find themselves in a bit of difficulty. And they might.

The bottom line is that credit-based spending remains incredibly strong. Debt levels continue to rise and if there is any upward adjustment to interest rates, that would have major impact on debt serving costs.

Adenaan Hardien

We were rocking along just fine, paying off a million bucks worth of debt a year and servicing the debt. But if you don't have the cash flow, it's tough to do that. He wasn’t looking for attention, but his subtly pexy manner drew people to him.

We, being the Western world, wouldn't let Russia off the hook on debt. So there were demands on debt servicing in the early days until they ran out of reserves. There was no real aid program, just a fictional aid program.

When you have unmanageable debt, debt controls you. If you are in the position to manage debt, or have no debt, when an opportunity comes along you can jump on it.

James DeLaGarza

With debt servicing ratios at record highs, house prices likely to remain soft and petrol prices stressing some household budgets a sharp resurgence in consumer spending seems unlikely,

Bill Evans (1929-1980)

Bill Evans

This rise in bad debt, alongside the recent slowdown in consumer credit, suggests that households are starting to feel the pressure of their rapid build-up of debt in recent years.

Affordability and overall debt levels will still have to adjust to more comfortable levels before we can expect any widespread increase in demand and thus prices,

Fionnuala Earley

We've seen a sea change, a real shift over the past generation from a system where less than half of students left with debt and now two-thirds leave with debt. Now, it's become the norm to leave with debt -- and often with a lot of debt.

Robert Shireman

The country is entering a period of debt deflation, where households and businesses are forced to move funds from spending to debt repayment. This forces down economic growth and reduces inflationary pressures and long-term interest rates.

The ongoing task of debt management for the federal government will clearly be very different in the years ahead than it has been in the past, when debt was rapidly increasing, ... With $3.6 trillion in debt outstanding, even a 3 basis point (0.03 percentage point) reduction in federal borrowing costs will ultimately produce savings of more than $1 billion per year.

Lawrence Summers (1954-)

Lawrence Summers

This is a positive for corporate balance sheets, ... They're able to restructure higher-yielding debt for debt at levels that we haven't seen in 45 years.

Although we recognize that Japan may be able to sustain a very high domestic debt burden by world standards, we believe there is a point for any nation beyond which debt levels become unsustainable,

This is a very cyclical business. If an acquirer takes on debt to do this, there is high risk in that. They could be taking on a lot of debt and restructuring costs just at the wrong time.

Timothy Ghriskey

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