Sentences with phrase «experience of the financial crisis»

In interviews with current and former administration officials who served both on and off the economic team, one theme keeps recurring: It's impossible to overstate how formational the experience of the financial crisis was to Obama's presidency.

Companies have lived through the daunting experience of the financial crisis and Great Recession.

Not exact matches

America is in danger of experiencing a lost decade since the financial crisis, given its debt and political intransigence.

Healthcare, which is the only sector that has experienced price inflation since the financial crisis, would become even more of a burden on Americans.

Mnuchin is the first person with Wall Street experience to head the Treasury since his former boss, Henry Paulson, the former Goldman Sachs CEO who served under President George W. Bush and steered Treasury through the chaotic initial stages of the 2008 - 2009 financial crisis.

Many experienced 9/11 in their early teens and entered the workforce at the height of the financial crisis.

After the financial crisis, the US experienced a period of low rates, slow growth and President Obama - led regulation.

Stress testing has experienced a resurgence of interest in the wake of the 2008 financial crisis.

«I don't think bitcoin is prevalent enough at the moment to be a systemic threat in the way we experienced during the financial crisis other threats; it needs watching carefully but I don't think we're there yet,» said Andrew Bailey, chief executive of the Financial Conduct Authority, during a Thursday interview on BBC's Nfinancial crisis other threats; it needs watching carefully but I don't think we're there yet,» said Andrew Bailey, chief executive of the Financial Conduct Authority, during a Thursday interview on BBC's NFinancial Conduct Authority, during a Thursday interview on BBC's Newsnight.

On that basis, the poor performance of the U.S. economy is not unusual — historical experience shows clearly that recoveries following financial crises typically are very slow and difficult.1

Obviously this set of scenarios — in which GDP grows on average at rates between 3 % and 6 % for ten years while credit efficiency is improved so dramatically that in 5 - 6 years China begins to deleverage and by the end of the period these growth rates can be maintained with no growth in credit — is theoretically possible, but just as obviously it is highly implausible, and I can not think of any country in history that has achieved such a turnaround in its financial sector without having first experienced a brutal financial crisis.

A second reason may be the series of additional negative shocks experienced since the initial phase of the financial crisis.

Following the recent global financial crisis, while the rest of Europe experienced a painful recession, Poland enjoyed continuous GDP growth ranging from 1.6 % per annum at the height of the crisis in 2009 to 4 % a year in 2010 — 2011.

The answer is in the negative: all the countries that have recently experienced a currency crisis have been at an earlier stage of economic development than Australia, particularly in respect of the depth of their financial infrastructure and the degree of prudence exercised by borrowers and lenders.

Follow - up posts described historical experiences and compared the relative stability of the US and Canadian 19th century branching systems: Canadian banks demonstrated a much higher level of financial resilience thanks to their ability to open branches nationwide, compared to the great instability and recurrent crises experienced by large US state banks — whose ability to open branches in other states or districts was severely constrained by law — and later «unit» banks, which were not allowed to open branches altogether.

When presented with a third name that's been tossed around, Donald Kohn, who was vice chairman of the Fed during much of the financial crisis, Blinder said he would pick Kohn over Summers for the same reasons he likes Yellen — his experience.

The bottom line: Given the significant levels of debt that remain on household and government balance sheets, inflation is likely to remain lower than what we experienced in periods leading up to the financial crisis.

Much of this reflects the fact that we did not have a financial crisis in Canada (like that experienced in the United States and other countries) and our relatively large stimulus package provided much needed support for the private sector in supporting demand.

«It's a fairly big sell - off, but nowhere close to some of the bigger market drops that stocks experienced in the wake of the 2008 financial crisis,» wrote Paul R. La Monica for CNNMoney.

The International Monetary Fund (IMF) has published very robust research involving more than 140 countries around the world which demonstrates that countries with extreme levels of inequality (1) tend to experience much slower rates of economic growth; and (2) are far more susceptible to the kind of severe financial / banking / credit crisis that America just went through five years ago.

If those on Wall Street had been doing things in a manner that reflected God's wants, would we really have incurred some of the financial crises we've experienced in the last decade?

HiringforHope.org — Seeks to ease the shared emotional, psychological, and financial duress common during times of loss and crisis for job seekers, couples experiencing loss and or obstacles to building their families, and their friends and family members.

But these events — coming as they have at the same time as the financial crisis and its fall out, as well as a loss of confidence in the West following 9/11, and difficult military interventions in Iraq and Afghanistan - have led many to fear that, in this century, we will experience the eclipse of the West.

The chart above shows the proportion of politicians in each of these legislatures whohave any experience in business management or financial services.So far into the financial crisis, the economic team of Gordon Brown and Alistair Darling have come out on top as far as the public are concerned.

«As the top state law enforcement officials charged with investigating consumer complaints of fraudulent, deceptive and abusive financial practices in our respective states, we know from first - hand experience that the need for strong consumer financial protection is undiminished in the years since the financial crisis.»

Mr. Fried stated, «I am proud and humbled that President Clinton has the confidence in my experience and skills to trust that I am the best person to lead Rockland County out of the financial crisis facing our community.»

Another participant, professor of electrical and computer engineering Betty Lise Anderson, came to REACH with more experience in patenting and commercialization, holding 18 patents developed through research funding and having participated in a startup that did not survive the 2008 financial crisis.

The authors note that experiences of other countries that have overcome financial crises, such as Iceland and Finland, suggest that by ring - fencing health and social budgets, governments can avoid some of the harmful effects of crisis taking their toll on the health of their populations.

Andrew Breitbart — Credit Score Dating, an online dating site which provides... Following the financial crisis, the site experienced a surge in membership and a decline in the average age of members.»

The experience of the global financial crisis, the post-crisis market environment and changes to regulatory frameworks have had a marked impact on the The financial crisis of 2007 — 2008, also known as the global financial crisis and the 2008 financial crisis, is considered by many economists to have been

Plenty of The Big Short's charm is manifested in the way that it takes a clunky story (the 2007 - 8 financial crisis) and transforms it into a cinematic experience.

The financial improprieties were only one of a long string of misjudgments and crises, which included the hiring of a 26 - year - old insurance salesman with no college degree or education experience to establish a school for troubled teenagers; the withdrawal of a $ 14.5 million National Science Foundation grant; and the late opening of schools due to fire - code violations.

Experience has shown us that financial market risks vary considerably over time and in particular are elevated in times of crisis.

The iShares S&P / TSX Canadian Preferred Share Index ETF (TSX: CPD), one of the longest - trading preferred share ETFs on the market, experienced slumps approaching 30 % in 2008 during the financial crisis and again in 2014 - 15.

However, the high correlation between risky assets experienced recently like during the recession of 2001 - 2003 and the global financial crisis in 2007 - 2009 has caused many investors to reconsider allocating by traditional asset classes defined by security type like stocks, bonds and real estate or commodities.

They also specifically go out of their way to try to make it easier for people to repay their loans if they struggle by offering to reduce their payments if they experience a financial crisis.

And that was over a period where interest rates hovered near historic lows, the stock market crashed twice and the world experienced a financial crisis almost as severe as the Great Depression of the 1930s.

Many people are concerned how their mortgage loan is affected if forced into a bankruptcy and when someone experiences financial crisis like job loss, medical crisis or business failure, it can become quite difficult for them to repay all of their existing loans or debts.

Following the financial crisis, the site experienced a surge in membership and a decline in the average age of members.

One of the unfortunate fallouts that our country is experiencing due to the financial crisis is an unheard of number of borrowers and consumers who now...

Drawing on his own varied experience as an economist, financial adviser, and successful investor, Malkiel shows why, despite recent advice to the country from so - called experts in the wake of the financial crisis, an individual who buys over time and holds a low - cost internationally diversified index of securities is still likely to exceed the performance of portfolio carefully picked by professionals using sophisticated analytical techniques.

Reflecting on your experience back then and looking at the recoveries of other financial crises can help prepare you for the next one.

Even though the global financial crisis is receding in the rear view mirror of history, a significant number of counties in the state continue to experience negative growth.

Quebec could split and Canada could do a bad job of managing it and experience a financial and currency crisis.

Before proceeding further, we should note that, since the financial crisis exploded into public consciousness, in September, with the exception of Treasury bonds and other debt explicitly guaranteed by the Treasury such as GNMAs, all sectors of the fixed - income markets have experienced gut - wrenching declines.

Although Canada has experienced increasing rates of home ownership and home prices since the global financial crisis we are not immune to no - placeness.

If you start making payments in the Standard Repayment Plan and decide it's not the right plan for you (or if you experience a financial crisis), you can choose to take yourself out of the plan.

When the next wave of the financial crisis hits, it seems increasingly probable that the American deposit insurance program will collapse precisely because its resources will be consumed covering the losses experienced by the likes of BofA and its TBTF counterparties on opaque, high risk derivatives products.

When the financial crisis hit, many people's credit took a huge nosedive and you may have been one of them.If you are experiencing problems when you try to be financed for -LSB-...]

I assume, with hope more than knowledge, that that was indeed the extreme of possible financial crisis that could be experienced in a market economy.