The Greek attempt to create a land of milk and honey by excessive borrowing is hair raising.

Indeed, the main cause of overheating in the early 1990 s was over borrowing by local governments.

The same applies to extensive government borrowing from abroad, to currency boards, even to currency unions.

The US economy has been sustained by a consumption boom fueled by excessive borrowing, and that will be curtailed.

But I fear that change might cause a global economic crisis resulting from, say, an ugly unwinding of extravagant US borrowing trends.

The Andhra Pradesh administration accused the industry of charging usurious interest rates, urging the gullible poor to over borrow, and then driving some delinquent borrowers to commit suicide.

So the question arises Why did people want to borrow so much? Why did the ratio of household debt to income soar to unprecedented heights in the pre recession days?

To protect commercial banks from risking their own solvency (and the whole country s solvency besides) once again, Richard Robb suggested that a small tax on banks short term debts be imposed in order to deter banks from over borrowing.

These asset bubbles were inflated by lax lending standards and an excessive willingness to borrow, which seemed similar to the Greek government s willingness to take on debt to pay lavish pensions.

The risks will undoubtedly grow if sub national authorities and private sector entities gain similar access to the international capital markets, which could result in excessive borrowing.

In both cases, the credit system got out of control, with too much lending to the private sector in 1980 s Japan and excessive government borrowing during the 2000 s in the eurozone.

After the onset of the financial crisis of 2007 2010 and European sovereign debt crisis, the left wing coalition that replaced Janša's government in the 2008 elections, had to face the consequences of the 2005 2008 over borrowing.

They borrowed too much.

Over exploitation of living marine resources through excessive fishing continues to be of grave concern to the international community.

The Fed probably would argue that it is the job of regulators to make sure that asset bubbles do not induce too much borrowing and an eventual debt crisis, though of course monetary policy has to be in the mix.

Excessive leverage needs to be reined in.

The same applies to extensive government borrowing from abroad, to currency boards, even to currency unions. The creation of the euro is nothing but an extreme form of commitment European governments tried to lash themselves to the German mast of fiscal discipline.

For more than 20 years, the world s major capitalist economies have been led to borrow heavily and unabashedly, in large by a new rule, adopted worldwide beginning in the 1970 s and 1980 s, that tied monetary policy to targets for price growth.

Sami died from an overdose of sleeping pills that he had taken.

But too much coordination can be a bad thing.

And what, really, is so humiliating about borrowing from your own citizens?

Over borrowing by local government did pose risks to the banking system and the economy as a whole, but, given China s currently low public debt GDP ratio (just 24 even after the anti crisis stimulus), non performing loans are not a dangerous problem.

But when businesses and consumers try to borrow, they find that it is very costly, if not impossible.

But they have not prevented a borrowing binge in their private sectors.

Borrow from foreign and domestic lenders.

Over diagnosis of bipolar disorder has costs.

But overfishing is taking a socio economic and environmental toll.

While local governments have been unable to borrow, locally controlled state investment companies can.

For too long, African governments have listened to the siren song of free trade and have suffered from too much openness, not too little.

Businesses will want to borrow, and banks will want to expand their lending.

Indeed, those who can borrow (high grade firms and prime households) don t want or need to, while those who need to highly leveraged firms and non prime households can t, owing to the credit crunch.

But insufficient diagnostic rigor can result in over diagnosis.

America s colossal fiscal gap readily calculated using projections by the Congressional Budget Office is close to 1,400 of GDP and dwarfs US official debt, which totals 9 trillion (60 of GDP).

Reborrowing is the process where a word travels from one language to another and then back to the originating language in a different form or with a different meaning.

Real interest rates may rise, as America borrows more and more.

It winds up borrowing temporarily with short term debt then, as borrowing accumulates, it is refinanced with longer term securities.

However, there seemed to be more over diagnosis than under diagnosis.

Indeed, China has a rare problem excessive savings.

Excessive taxation can dull incentives and hinder growth.

First comes growth driven by foreign borrowing.

To avoid excessive false positives, CAD ignores the normal colon wall, including the haustral folds.

It is one thing to borrow to make an investment, which strengthens balance sheets it is another thing to borrow to finance a vacation or a consumption binge.

Both can have negative consequences.

Access is good excess is bad.

Second, perverse incentives led financial institutions to assume excessive risks.