Sentences with phrase «financial crash occurred»
Even when the great financial crash occurred last September, which all recognized would place new burdens and constraints on the new administration, there was still a basis for hope.
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Just as real estate lending fuels land speculation, so the withdrawal of such credit leaves property markets to decline, sometimes with a crash, as occurred in Japan after 1990 when its financial bubble burst.
However, the interconnectedness of stock markets and financial systems around the world is now so great that, were such a no - return crash to occur, it would probably be accompanied by the total collapse of the whole economic system.
A dramatic increase in market mimicry occurred during the whole year before each market crash of the past 25 years, including the recent financial crisis.
If a biker is properly found to have contributed, by some percentage, to a crash occurring, the entitlement to fair financial compensation is not eliminated, but rather is reduced by the percentage of that contribution.
When a pedestrian accident occurs, the injured pedestrian or their family has the same right to seek financial compensation as any motorist involved in a crash.
Essentially, these damages are intended to reimburse a victim and put them back in the financial situation they would have been in if the crash hadn't occurred.
When an accident or crash occurs, a driver will be determined to be «at fault» for causing it, and this driver and their insurance will be subject to financial claims and lawsuits.