What are his ideas and proposals to get
the country out of the financial crisis and stop the over-spending spree that we have today today?
Not exact matches
«Since the
financial markets bottomed
out in March 2009 following the
financial crisis,» notes the WealthX report, «the total wealth
of billionaires has more than doubled, to $ 6.5 trillion — more than the GDP
of every
country except the U.S. and China.»
So let me just point
out that the growth
of the population
of companies slowed dramatically in a number
of countries in the wake
of the global
financial crisis.
Coordinated International Response to
Financial Crisis: To keep world economy
out of recession in 2009 and 2010, helped secure from G - 20 nations more than $ 500 billion for the IMF to provide lines
of credit and other support to emerging market
countries, which kept them liquid and avoided
crises with their currencies.
With the onset
of the
financial crisis in Asia, the illusion that globalization is the way
out for the
countries of the South is now being laid to rest.
In the
financial crisis of 2008/2009, many
countries bailed
out their banks.
But the
country has no clear way
out of its
financial crisis.
In fact, the economic output that is lost because
of poor education policies and practices leaves many
countries in what amounts to a permanent state
of economic recession — and one that can be larger and deeper than the one that resulted from the
financial crisis at the beginning
of the millennium,
out of which many
countries are still struggling to climb.
In his pre-election speech Papandreou stated with confidence that the
country has the money that are needed to pull Greece
out of a
financial crisis claiming that «he will inject up to 3bn euros into the [
country's] economy» (Papachelas, 2011 & BBC News, 2009).
At the peak
of the
financial crisis in 2008, Citigroup, one
of the largest
financial institutions in the
country, had to be bailed
out by taxpayers to prevent it from collapsing.
By contrast, the middle class in many
countries has struggled as millions
of jobs wiped
out in the
financial crisis have yet to return.
When I talk to people about the
financial crisis of 2008 in regards to the
out of control leveraging that many
of the
country's largest banks partook in, most consumers look at me with a confused look.