Sentences with phrase «consequences of the crisis»

What you could do instead is be quite direct about the consequences of the crisis.
On the one hand, it may be that postponing a rapid resolution protects us from the most damaging consequences of a crisis, when slower growth and a rising debt burden reinforce each other, while giving us time to rebalance less painfully — the Great depression in the US showed us how damaging the process can be.
Risk aversion has risen as a consequence of the crisis and as saving — by both states and consumers — has risen.
As with the last great crisis of social democracy in the 1970s, today's stark choices are being posed as the result of a major economic shift within capitalism: the deep disruption of capital accumulation as a consequence of the crisis in global financial markets unleashed in 2008.
It follows that through an unprecedented number of high level meetings and summits, our heads of states have attempted to manage the consequences of the crisis in a «trial and error» mode and always in a climate of emergency.
He said a large consignment of weapons had been smuggled from North Africa, particularly, Libya, as a consequence of the crisis in the Arab country.
10:51 - Edward Leigh on public sector consequences of the crisis: «What more can you do to boost the economy without ruining it; to stop it becoming crash, rather than flash, Gordon?»
Speaking to CNN, Professor Ferguson said the dramatic consequences of the crisis would lead to a firm backlash against the entire EU project.
, is that one of the complicating factors in a crisis is the tendency of policymakers (along with workers, creditors, small businesses, and middle class savers) to change their behavior in response to a crisis by taking steps that protect them from the consequences of the crisis but that also make the crisis worse.
And as a consequence of the crisis, it's not uncommon to hear people slandering their local banks, and to notice how consumers are switching away from traditional banks and into other institutions, like their local credit unions.

Not exact matches

These companies use political contributions and armies of lobbyists to cajole governments to ignore the consequences: an economic crisis worse than the recent recession awaits if these nations fail to spark growth in areas that can stimulate growth and create jobs.
The financial crisis of 2008 taught them that blind pursuit of profit can have catastrophic consequences for society.
Bank of England Governor Mark Carney told bankers Thursday financial regulations devised after the 2008 - 09 crisis must not be rigid but instead require flexibility to ensure unintended consequences can be managed.
As a consequence of the financial crisis, Andy Medley and Scott Hill in 2008 were forced to usher in a devastating round of layoffs at their Indianapolis - based marketing company, Perq.
Global financial crisis: causes, consequences, cures Central bank responses to the crisis: issues of democratic accountability, QE and inflation, regulatory reform Fiscal policy responses to the crisis: issues of inflation, stimulus, debt sustainability Real estate prices and mortgage problems New directions in economics in light of the GFC Impacts of the GFC on the BRICS and the developing world Modern Money Theory, Functional Finance Job Guarantee / Employer of Last Resort Problems of Euroland,
«The social, economic and political consequences of this impending energy crisis should not be underestimated,» the U.N. special coördinator for the Middle East peace process, Nickolay Mladenov, warned last month, about the Gaza crisis.
Ben Bernanke's global savings glut thesis is another example of the primacy of capital flows, and indeed the decision by East Asian countries to accumulate savings in the form of soaring foreign exchange reserves, which set off the savings glut, was itself the likely response to the 1997 Asian crisis, which occurred as a consequence of a sharp reversal of capital flows to the afflicted Asian countries.
By the same token, an immediate rise in our policy rate back to, for example, the 4.25 per cent that prevailed before the financial crisis would represent an extreme tightening of policy and would have significant consequences.
The «It Can't Happen to Me» syndrome unfortunately is the very reason why so few Westerners today own the ultimate wealth preservation assets, physical gold and physical silver, to curb the negative consequences of global banker currency wars that have been intensifying since the financial crisis of 2008.
We think that the most important consequence of a new crisis will be risk aversion and enormous demand for gold.
One of the ironies and unintended consequences of the credit crisis is that, while fewer large brokerages remain, those that stuck around are raking in easy money from the large institutions that now have limited choice when executing trades.
The objective behind much of the Fed, Treasury and government policy has been to try to avoid the full consequence of recession and crisis but what has actually happened is that recession and crisis have gone on much longer than the otherwise would have.
The origins of the crisis lay in our inability to cope with the consequences of the entry into the world trading system of countries such as China, India, and the former Soviet empire — in a word, globalisation.
One of the consequences of the recent financial crisis has been a rediscovery, or at least a renewed appreciation, of that role.
Instead of supporting this attempt — a drive that has the positive consequence for world peace that it will limit U.S. military adventurism (much as the Vietnam War finally forced the dollar off gold in 1971), Krugman is using the crisis to attack China — as if its success is what is harming U.S. labor.
[9] Cato's former chairman Bill Niskanen found that variation around that trend «had significant effects on asset prices and the real economy, and most of this variation was a consequence of the Fed's response to financial crises
«It is about being there for people in their crisis and desperation, but not alleviating every symptom or suffering that is a consequence of the addiction,» says Mary - Alice.
The current crisis is a direct consequence of the globalisation process.
Rep. Chris Smith, R - N.J., sponsor of the bill, said after its passage, «From China and Vietnam to Syria and Nigeria, we are witnessing a tragic, global crisis in religious persecution, violence and terrorism, with dire consequences for religious believers and for US national security.
We see the consequences of this quite regularly at the Cardinal Winning Pro-Life Initiative when women in crisis pregnancies weigh up the benefits of keeping their unborn child with that of holding on to a second car or a Sky box.
No one reads these accounts and has a faith crisis over someone suffering the consequences of his own repetitive sin.
The symptoms of a crisis in Christianity, consisting of the loss of the certainty of its absolute validity, appeared first of all during the Middle Ages in consequence of the Crusades.
The present ecological crisis is partially the practical consequence of the old Newtonian philosophy of nature as dead, insensitive, and mechanical; and Hartshorne's panpsychism should aid man's efforts to rethink his relation to the cosmos.
Generally speaking, an alcoholic's motivation is inadequate, so far as successful treatment is concerned, if he mainly sees alcohol as a solution, wants help in changing those around him or avoiding the consequences of his immature behavior, and / or comes because he was pressured (either by a person or by crisis circumstances of which he feels himself the victim).
In a crucial way, the mortgage crisis of 2008 was initiated by specific acts passed by Congress and fiercely defended against detailed warnings about the dreadful consequences to come.
The social consequences of these developments are even more severe for dependent countries that are directly affected by the financial crisis and are subjected to the dictates of the IMF's adjustment plans.
In the second part, «Unanticipated Consequences of Emancipation,» Wisse sketches» through the lens of the Jewish experience» the crisis of modern liberalism in the late nineteenth and early twentieth centuries.
In terms of its rapidity and far - reaching consequences, the fallout from the sexual revolution might be considered analogous to the fallout from Henry VIII's divorce crisis for our nation.
This inner poisoning of life... can not... be overcome simply by victory over economic need, political oppression, cultural alienation and the ecological crisis... The absence of meaning and the corresponding consequences of an ossified and absurd life are described in theological terms as godforsakenness... Faith becomes hope for significant fulfillment.
Come to think of it, most if not all of wenger signings are inspired by humiliating defeats or serious injury crisis, but not by a genuine desire to create a league winning side.If you look at most of the players we have now, they were either signed as a consequence of injuries, as cheap replacements, as free agents, after an embarrassing defeat or as a result of another club's financial woes (Malaga), being benched (cech).
* Notwithstanding that, as a consequence of global economic crisis from 2008 on, Arsenal profited to nothing like the degree that they had hoped.
The more Jamie puts human faces on this health crisis, the better he drives home the terrible and real consequences of how we live and eat as a society.
You've heard about the crisis of fatherlessness and the negative consequences for children and for our society.
Many senior bankers believe that breaking up the banks, separating the activities of high - street banking operations and investment banking to lessen the potential impact of any future crisis in the sector, could have negative unintended consequences.
His largely laissez - faire approach in the 2007 - 08 era gave way to a dirigiste, paternal approach as a consequence of the financial and banking crisis (i.e. $ 20 billion stimulus package to fight the economic crisis).
«Without dramatic action, middle and working class New Yorkers will continue to suffer the consequences of the MTA's budget crisis, with ongoing fare hikes and diminished services.»
The latest chapter of the Euro crisis began with the Italian elections in February 2013 and at its heart has the social and political consequences of the first two phases.
Not least Germany's open blackmail of the Cypriot government demonstrates that the Merkel government, especially in an election year, is not bothered by potentially damaging political consequences in another, crisis - ridden, country.
Each of them with their particularities, Greece, Portugal, Italy and Spain all share the challenge of dealing with the consequences of sustained large current account deficits, the accumulation of public and private debt and a protracted banking crisis.
The signature event of the Brown government, the financial crisis of 2007 - 2008, was a direct consequence of the light - touch, risk - based approach to financial regulation adopted by Gordon Brown and Ed Balls during their decade at the treasury.
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