Sentences with phrase «broad economic meltdown»

The once - powerful institution — in 2007 it was the fifth largest U.S. bank, with $ 400 billion in assets — was among the earliest warning signs of a broad economic meltdown that would ultimately result in the stock market losing nearly half its value.

Decades of overspending on health care, schools, and pensions — much of it to prop up Bruno's Republican majority in the State Senate — are combining with the broader economic meltdown to sink New York State into a gargantuan hole.

Not exact matches

General tech observers get spooked by underwhelming IPOs because they envision the broad economic destruction wrought by other industry meltdowns.

For Leicht, the author of books such as «Middle Class Meltdown in America,» the study of high - tech development over a couple decades has been part of his broader research focus on economic development and jobs - related issues.

While it is clear that the Fukushima Daiichi nuclear meltdown was a consequence of an earthquake and tsunami, like all disasters, it was also the result of political, economic and social choices that created or exacerbated broad - scale risks.

So from a broader economic standpoint, it seems things are getting better (at least for Ontarians), with fears of a complete economic meltdown no longer swirling in the background.