Sentences with phrase «crisis of a few years»

The Big Short is a great movie to explain the mortgage - securities crisis of few years ago (i.e. people getting approved for mortgages they can not afford to pay, but which banks made money on nevertheless by bundling them together).

Not exact matches

When those prices collapsed anew a few years later, the central bank dropped the benchmark interest rate back to its crisis - era setting of 0.5 per cent %.
Now, he says, the experiences of the past few years suggest that central banks will need more room to maneuver in future crises.
In the absence of decisive, quick action to tackle this slow - motion crisis, the best - case scenario for the next few years is that America becomes a much riskier place to do business.
Despite a mixed Friday jobs report — the US economy added only 156,000 jobs against expectations of 175,000 — the labor market has come on strong over the past few years after the financial crisis.
But, combined with the economic crisis, the past few years have decimated the industry, says Stephen Atkinson, a BMO Capital Markets analyst, driving 70 % of North American newsprint supply into bankruptcy.
The economy has registered one of the strongest performances in the euro area in the last few years — after the troubles seen during the sovereign debt crisis.
Although a few municipalities did default this year, the overall volume of defaults actually eased, deeply wounding Whitney's reputation for prescience that she'd earned during the financial crisis.
Examples from the last few years include the subprime mortgage crisis; the failure of the Peanut Corporation of America; the 2007 pet food scandal; lead paint on children's toys in 2007; melamine - laced Chinese milk products; contaminants in the drug Heparin; and dioxin - contaminated Irish pork.
It was only a few years later, while I was reading Charles Kindleberger's A Financial History of Western Europe that I learned that the 1873 crisis actually «began» with a stock market crash in Vienna in May, four months before the New York markets fell, which spread to Germany, England and other countries, and the subsequent depression was perhaps the first «global» panic and depression in history.
Things look equally bleak based on metrics typically used by investors to evaluate a borrower's ability to make payments: In Asia and Latin America, companies» debt now represents roughly four years of operating profits, up from fewer than two years prior to the financial crisis of 2008.
Neutral real interest rates may well rise over the next few years as the American economy creates jobs at a rapid rate and the effects of the financial crisis diminish.
Partners come back from vacation in September and deals start closing a few months later; since the credit crisis deferred fund - raising for most of the past year, November 2009 will probably end up being especially busy.
«The crises of the last few years have pushed monetary policy into uncharted territory,» ECB executive board member Sabine Lautenschläger remarked at a meeting organized by the Commissariat of German Bishops.
In the last few years we've had a housing bubble, a credit bubble, runaway government spending, soaring gas prices, a global recession, high unemployment, the risk of a U.S. debt default, a fiscal crisis in Europe, and the threat of severe inflation.
We have experienced a few bumps along the way, but our congregation would not have endured some of the subsequent crises or developed a sense of common care over the past couple of years without it.
As evangelicalism in the U.S. has been working its way through something of an identity crisis over the past few years, and as many young evangelicals like myself have reconnected with the spiritual disciplines, this seems to be a recurring point of contention, and therefore one that should be addressed.
Fifty - two years ago, the great Reinhold Niebuhr and a few associates launched Christianity & Crisis in order to counter what they viewed as the liberal sentimentalism of American Protestantism, a sentimentalism that was unwilling or unable to face up to the crises of the time, notably the threat of Hitler and his minions.
I'm a few years out of my quarterlife crisis now, having since become a wife and mom.
From those first few pages to the very last, I found myself nodding along, scribbling in the margins, breathing «amens», and thinking to myself, now THIS is the book I wish I'd had ten years ago, THIS is the book I'll be recommending to family, friends, and readers experiencing crises of faith.
The shadows cast a few years ago by the threat of impending atomic destruction have lightened somewhat, only to be replaced in popular attention by an awareness of ecological danger and the energy crisis.
So to blame the «masculinity crisis» on the few women who have managed to ascend to significant leadership positions in the Church in recent years, especially when men continue to dominate the field, grossly overstates the amount of power women have over the institution and turns them into unnecessary scapegoats.
But in this case, early in the twenty - first century will come a pollution crisis that will destroy in a few years five sixths of the world's population!
A few years ago, when a variety of liturgical changes were being introduced in their Church, many Roman Catholics suffered a severe crisis of faith.
United has faced an injury crisis this year and few of the ex-Manure players are blaming LVG's training methods for this.
This news comes a few weeks after President John Mahama told Parliament in his state of the nation that his government had overcome the four - year old crisis following a fairly stable power supply since January.
Due to the Eurozone crisis a lot of things which would have seemed unthinkable a few years ago are now plausible, but even by our new 2012 standards this is just insane.
The Speaker spent a lot of time working for Clinton in Florida, drumming up votes among the Puerto Rican expat community that has grown dramatically in the last few years since the economic crisis hit the territory.
Jon Cruddas, the Dagenham MP who narrowly missed out on the deputy Labour leadership last year, said the crisis required «radical shock treatment», adding: «The way to do that is to introduce proportional representation and a system of fair votes to replace the current arrangement under which a few thousand swing votes have an armlock around the body politic.»
State lawmakers are poised to leave Albany in a few days without attempting to address one of the state's most significant environmental crises in years, one in which there is now substantiated proof that hundreds of people have a dangerous toxic chemical in their system.
At a time when hundreds of billions of dollars each year veer to war rather than peaceful development, and when media attention is riveted on the U.S. financial crises, it is hard to raise even a few billion dollars for desperately hungry people.
Ironically, the only part of the southern Iberian peninsula to escape the water crisis is Gibraltar, which until a few years ago regularly imported tanker - loads of water.
PARIS — Higher education and research are one of the few budgetary bright spots on a landscape of gloom in France, as the economic crisis is predicted to push the country's public deficit to a record high next year.
A few years ago, as I continued to collect feedback on people's career experiences, I started to notice that careers have a certain rhythm, patterns in career successes and crises, and that certain types of crises are especially prevalent at certain career stages.
In the few years following publication of the 2007 scenarios, at least three major energy - market events failed to fit the world energy model: the 2008 financial crisis; the U.S. shale - gas boom; and Germany's decision, after the Fukushima nuclear disaster, to speed up its transition to renewables.
But in the wake of the housing crisis, millions of families have a recent foreclosure on their record — and some are finding ways to buy a new home in as few as three years.
Throw a few chase sequences in there as well, and you start to get a real understanding of Chandor's achievement with A Most Violent Year: never has the crisis of our own morality been such a thrilling ride.
by Angelo Muredda The intersection of the financial crisis and the North Dakota oil boom has turned Williston, ND into an unlikely mecca in the past few years.
Statistics over the last five years relating to increases of bankruptcies, suicides, major depression and burn - outs [21] are self - evident, just a few side effects resulting from the last economic crisis.
As we've written about in the last two blogs about the budget crisis, The Road Ahead, and Answers to your OUSD Budget Questions, OUSD has a history of overspending in multiple departments, and has not created budgets that accurately project its spending for the last few years.
Having felt the sting of an oil crisis a few years prior and realizing that, indeed, fossil fuel is a finite entity, Americans began seriously considering (and buying) small, economical cars.
After a few years of decreasing sales, caused by economical crisis, Europe starts to rise again.
You could even take a few minutes to review instances in recent years (Brexit, the Greek debt crisis, fears of a slowdown in China's growth rate) when many investors were convinced a market drop would lead to a major selloff but stocks recovered.
GMAC was originally founded in 1919 and grew over the course of time, but like many banks a few years ago, got caught up in the financial crisis due to loose mortgage lending standards.
During the financial crisis a few years back, the S&P 500 had lost over 50 % of its value when it reached its low point.
For mortgage providers everywhere, the economic crises of the last few years have taken their toll.
ROE of 16.1 % and an equity tier 1 ratio of 10.8 % (for comparison, a bank has to have a 6 % ratio to be considered «well capitalized» in the U.S) and total capital ratio of 13.9 % pointing to the fact the bank is well prepared for any sort of financial crisis like what occurred just a few years ago.
[* Apparently, a landlord deciding not to renew a lease is now deemed an eviction by some... ** For overseas readers, it may be hard to keep up: The housing crisis no longer refers to the huge Irish price collapse... it's now an appalling shortage of housing, just a few years later!?]
However, the situation has changed because the economic crises of the past few years have left many honest borrowers with little option, making access to funds from personal loans more difficult to get.
In the wake of the subprime mortgage crisis and subsequent collapse of financial stock valuations I made a few key observations that went against the trend of the past few years.
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