Sentences with phrase «estate bubbles forced»

Instead, the collapse of stock market and real estate bubbles forced its government to commence one of history's greatest Keynesian experiments.

Not exact matches

Spain could therefore either use the imported German capital to (a) increase domestic investment (which it did in the form of a real estate bubble)(b) binge on consumption and sharply reduce its savings as a function of GDP (which it also did)(c) accept higher unemployment (which it is now forced to do) which forces GDP to fall faster than consumption falls or (d) try to emulate Germany by passing off a trade imbalance at the expense of the rest of the world (which Europe as a whole is trying to do and which will go nowhere in the long run because only one country is even remotely capable of accepting such massive inflows, and it is increasingly unwilling to import the unemployment caused by German and Asian policies).

Their self - destructive real estate bubble has loaded down their labor force with high debt service and housing costs, whilst their giveaway of public infrastructure to insiders (with no price regulation) has led to high basic living costs.

This was the prize coveted by Bill Ackman when he acquired a large block of Target shares during the peak of the real estate bubble, and subsequently tried to force management to spin off the real estate holdings into a separate company and to lease back those stores, thereby «unlocking» value.

With the real estate bubble bursting, a lot of people here in Orange County, CA have lost their homes, maxed out credit cards, and have been forced into renting a home instead owning.

The real estate bubble is compounding financial difficulties for many Canadians and sometimes they are forced to choose between mortgage payments and medical treatments, says Easy Legal Finance Inc. president and CEO Larry Herscu.

In 2006, the real estate bubble in Florida was in full force.