Sentences with phrase «deepest recessions in»

Vanguard's doing something right to find companies that have grown dividends at a compound annual rate of 7.2 % per year through one of the deepest recessions in history.
Cameron said Brown had often lauded his economic stewardship but despite his claim to have ended boom and bust, Brown had presided over the «longest, deepest recessions in recent memory».
They failed on boom and bust, Cameron says, and presided over one of the longest and deepest recessions in the world.
Vanguard's doing something right to find companies that have grown dividends at a compound annual rate of 7.2 % per year through one of the deepest recessions in history.
The country faced a deep recession in the late nineties, and has struggled to recover from the current global economic crisis.
The last time it happened was in 2007, just before the economy entered its deepest recession in generations.
«While this report outlines important areas for consideration, we should remember that this country has been through the deepest recession in living memory, and sticking to this Government's long - term economic plan is the best way to improve living standards.
Such a policy also plays down the much bigger contribution that higher taxes on the bankers and super-rich should play, not least because basically they caused this deep recession in the first place.
Even before the onset of the UK's deepest recession in a generation, official figures showed that only the better - off families were spared from a squeeze on living standards that saw median income virtually unchanged and fresh cuts in real pay for those on the lowest salaries.
We remain of the view that, on balance, Mr Brown remains the best leader to tackle the difficulties posed by what may be the deepest recession in 60 years.
I wonder if you understand, my Tory Friends, that you are popular ONLY because David Cameron is not Gordon Brown, the Tories are not New Labour and it is obvious now, even to the most complacent, that we are heading for a deep recession in spite of the oft repeated boast that Gordon Brown was the best Chancellor of the Exchequer since King Alfred burnt the cakes?
Cameron said Brown had often lauded his own economic stewardship but despite his claim to have ended boom and bust, Brown had presided over the «longest, deepest recession in recent memory».
The «credit crunch» of 2008 has lead to more government bailouts and a deeper recession in 2009; many experts are now even predicting a depression.
My first year was tough, recruiting in the Construction sector in the middle of deepest recession in living memory was no easy feat!
Companies are now awash in resumes — especially in the aftermath of the deepest recession in 50 years.
The softening in demand mirrors the economic slowdowns in China and the Middle East, and deep recessions in Russia and Brazil, all key source markets of luxury foreign buyers.
It is critical as we begin to pull out of the deepest recession in our history that we are strategic and objective

Not exact matches

In other words, a debt freeze would throw the economy hard into reverse and another deep recession.?
In 2009, state - sponsored bank bailouts led to widespread panic; despite deep budget cuts, Ireland plunged into the deepest recession of any EU country.
And then oil prices crashed, forcing Poloz to drop his already low benchmark interest rate another half point in 2015 to avoid another deep recession.
Hilary Stout illustrated this problem in The New York Times in June: «After all, the millennial generation has less wealth and more debt than other generations did at the same age, thanks to student loans and the lingering effects of the deep recession,» she wrote.
While its competitors were offering deep discounts to pull in recession - battered customers, Apple (AAPL) had already ended its Black Friday sale and by Monday was back to charging its usual premium prices for laptops, desktops and MP3 players.
Not only is the foundry now profitable — in a fading industry and during a deep recession — but in eight years, only three employees have left
Cha founded the Richmond, Virginia - based business in 2009, as the U.S. was slowly emerging from deep recession.
On that note, let's look at the report released by the Bureau of Economic Analysis last week highlighting the fact that our recession ran deeper then and, in my opinion, continues to significantly impact us now:
Russian markets, in recovery mode following a deep recession after the global oil price collapse in 2015, have been ravaged since Friday over fears of U.S. sanctions.
Small - business owners remain much worse off financially than they were before the Great Recession because they suffered a particularly deep drop in income during the economic downturn.
«The 2017 stress test shows the UK banking system is resilient to deep simultaneous recessions in the UK and global economies, large falls in asset prices and a separate stress of misconduct costs,» the BoE said.
Things start out looking pretty dire, as the economy fell into its deep recession through mid-2009, with the S&P 500 reaching a minimum in March of that year.
In a deeper recession, marketers can benefit by cleaning up their product lines and so should seize the initiative early rather than waiting to be forced into making changes.
It was also the deepest Canada's real GDP plunged into negative territory in nearly six years, when it fell by 3.6 per cent during the recession - battered second quarter of 2009, Statistics Canada said.
Whatever the arguments about fiscal policy's effectiveness in countering deep and lasting recessions, of a kind the world faced in 2008, it was never envisaged that it should be wheeled out the minute economic growth fell below two per cent.
For example, in the first year of recovery following the deep recessions of 1973 - 1975 and 1981 - 1982, real consumer spending increased an average of 6.5 percent and residential investment rose an average of 38 percent.
In this new normal, recessions will tend to be longer and deeper, recoveries slower, and the risks of unacceptably low inflation and the ultimate loss of the nominal anchor will be higher (Reifschneider and Williams 2000).
It was a world characterised by massive swings in our terms of trade, and a very serious international financial crisis followed by a deep global recession, not to mention the effects of the adoption of «non-conventional» policies in the major jurisdictions.
Our models project a 2 % plunge in real GDP over the coming year, which historically is a deep recession.
«My children were teenagers when I first opened CMIT Solutions in 2009, during the deepest part of the recession.
The economy would have been thrown into a much deeper and longer recession than actually occurred; a temporary stimulus program would not have been permitted; departmental operating budgets would have been frozen beginning in 2009 - 10 and continuing to long past 2015 - 16; the salaries of all Cabinet Ministers and Deputy Ministers would have been frozen beginning in 2009 and lasting long past 2015.
The paper says the global economy is now «almost certainly headed for a deep and prolonged recession,» and notes that global markets have already fallen as far as they did in the Great Crash of 1929.
Not only did he want continuity at the Fed, but the president said he needed Summers by his side in the White House as he tried to lift the economy out of a deep recession, according to people familiar with the conversation.
Their final «stylised fact» provides an accurate description of the subsequent Asian problems: «The «over-borrowing» episode culminates in a financial crisis, capital flight and recession — often forcing an uncontrolled deep devaluation of the currency, with a resurgence of inflation.»
Before then, it had kept its policy rate at a record low near zero for seven years in an effort to help the country recover from the deepest recession since the 1930s.
Instead the objective was to assess their capital needs under a deeper and longer recession than was the consensus in early 2009, and then require them to meet these capital needs in the very near term, before the adverse scenario developed.
But at the same time, there is always a recession out in front of us; and that fact of life is what makes for long and difficult recoveries, not to mention very deep bear markets.
Investors in Italian stocks may have moved some distance toward pricing in a deeper recession than what is currently expected by economists.
Which means that our capital misallocation is extensive and long - term, our recessions are long and deep, our growth trend is shallow, and our complacency about how right we are in contrast to the benighted past is callow and pitiable.»
With stocks at currently high multiples on normalized earnings, that type of scenario would probably increase the odds off a deep recession and induce a much larger decline in stock prices.
If we assume that hysteresis is in fact present to some degree after deep recessions, the natural next question is to ask whether it might be possible to reverse these adverse supply - side effects by temporarily running a «high - pressure economy,» with robust aggregate demand and a tight labor market.
«The Fed is making it appear they are compassionate when really they are the architect of the coming deep recession,» contended Michael Bolser, the author of an investment analysis newsletter published daily in conjunction with his website InterventionalAnalysis.com.
Open borders and «jobs Americans are not willing to do» are marginally successful arguments in a robust economy, but an impossible sale to a nation that realizes a deep recession is already well under way.
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