Sentences with phrase «financial system crises»

Not only do precious metals offer important portfolio diversification benefits, but they can also offer a store of value, an inflation hedge, and protection in the event of a financial system crisis.

Not exact matches

Sen. Elizabeth Warren, a Massachusetts Democrat who led the progressive opposition to the bill, which she nicknamed the «Bank Lobbyist Act,» argued it will increase risk in the financial system and make another devastating economic crisis more likely.

Wall St villains now saviours Wall Street fund managers - the very people blamed for the sub prime crisis that sparked the global economic meltdown - will be given an almost free ride to buy $ US1 trillion worth of toxic assets crippling the financial system.

The banking system has been weak for years as most institutions have failed to deal with the high level of bad debt in the wake of the financial crisis.

In the fog of crisis the government committed $ 14 trillion of taxpayer money to various aspects of the financial system, mostly via outright purchases and loan guarantees.

Indeed, little of substance about our vast, interconnected, highly leveraged, nontransparent, global financial system has changed since the crisis (see «Are We Ready for the Next Meltdown?

In the wake of the sovereign debt crisis, Europe began implementing measures to make its financial system stronger.

I would encourage you to remember that the current low levels of interest rates, while in the first instance a reflection of the Federal Reserve's monetary policy, are in a larger sense the result of the recent financial crisis, the worst shock to this nation's financial system since the 1930s.

Secondly, he noted «the root causes of the global crisis have not been prop ¬ erly tackled» with the financial system remaining «the Achilles heel of the world economy» and thirdly, «little progress is being made in reducing working poverty and vulnerable forms of employment such as informal jobs and undeclared work.»

«If they can not address [the financial crisis] in a credible way I believe within perhaps 2 to 3 weeks we will have a meltdown in sovereign debt which will produce a meltdown across the European banking system.

Axelrod insists the financial system will eventually face another major crisis, and that none of the changes he has seen will prevent another major bank from failing if a big one hits.

The Italian banking system has been a problem for the third - largest euro zone economy since the financial crisis due to the high level of bad loans across all institutions.

Most importantly, with full employment, low inflation, and a healthy financial system, the U.S. economy is at its strongest since the financial crisis of 2008.

Fiorina: Unlocking capital is very important, and of course since the financial crisis, the surviving big banks have gotten bigger, but the community banking system is really struggling, and that means small businesses are struggling.

When asked about contagion effects from the decline in oil prices, Yellen said that «leverage in the financial system in general is way down» from levels before the crisis, and said it isn't a «major» concern that some entities would be effected by the decline in oil prices.

The housing bubble in the United States, which triggered the financial crisis in 2008, had highlighted the danger of using the financial system to make up for the failures in social policies.

In an interview with IMF advisor Robert Shapiro, the bailout expert has pretty much said what, once again, is on everyone's mind: «If they can not address [the financial crisis] in a credible way I believe within perhaps 2 to 3 weeks we will have a meltdown in sovereign debt which will produce a meltdown across the European banking system.

During the crisis, the global community came together to address weaknesses in the international monetary system: creating the Financial Stability Board and European Stability Mechanism, strengthening central bank swap lines, and carving out a more prominent role for the G - 20.

During the financial crisis of 2008, Bair insisted that she and her agency have a seat at the table, where she worked — and fought — with Henry Paulson, then the treasury secretary, and Timothy Geithner, the president of the New York Federal Reserve, as they tried to cobble together solutions that would keep the financial system from going over a cliff.

[6] In that way they always had an important role in crisis prevention and crisis management, and it was natural that they took a wider interest in the risk management of the financial system as a whole.

An example is the United States after the 2007 — 09 crisis: easy monetary policy cushioned the economy and also helped heal a broken financial system.

Our findings have important implications for how policymakers should respond to the next financial crisis, which will inevitably occur at some point because crises are an inherent part of our financial system.

Many central banks, especially during the most acute phases of the crisis, also employed policies known as «credit easing,» which involves purchases of private sector assets in certain credit markets that are important to the functioning of the financial system but are temporarily impaired.

Unlike past episodes in recent history, the crisis began in the world's most sophisticated financial systems, causing widespread economic devastation.

The Dodd - Frank bill, which was passed in 2010 in response to the financial crisis, aimed to decrease various risks across the financial system and increase regulatory oversight to prevent such a meltdown from happening again.

Both of these differences may help to explain why the Canadian financial system and macroeconomy were less affected by the global financial crisis than the United States.

The global financial crisis, like the Great Crash of 1929, also reflected widespread regulatory shortcomings and other weaknesses in a number of countries.1 But it is likely that monetary policy played at least a contributing role in encouraging the buildup of leverage and asset prices in a fragile financial system.

Under the 2010 Dodd - Frank Act, which toughened financial regulations in an effort to avoid a repeat of the 2008 crisis, the oversight panel had the power to designate non-bank institutions such as AIG as systemically important financial institutions, meaning that their failure could pose a risk to the entire financial system.

If our financial system ever collapses (or just goes into crisis), these types of investments will be at high risk.

Some of the Bank of Canada's financial system activities are also designed, in part, to make the system less prone to crisis.

China withstood the Asian financial crisis in 1997 and 1998 and the global financial crisis in 2008 and 2009 in part because its financial system depended on highly stable household and corporate deposits parked mainly at four huge, government - controlled banks.

But I've long believed that her opposition to Basel II has been a hugely underappreciated factor in helping to save the financial system when the crisis came.

In the presence of such vulnerabilities, an event such as an adverse macroeconomic shock can stress the financial system or even trigger a crisis.

So it's easy to see why promoting financial stability — and preventing crises in the future — is such a high priority for world leaders and all those involved in the financial system.

If the U.S. does not make significant structural changes including entitlement reform, budgetary reform and a simpler tax system, he foresees another financial crisis of possibly greater magnitude in the years ahead.

As the recent crisis in Cyprus demonstrates, a minor dislocation can become a threat to the entire global financial system overnight.

Trust in the custodian is paramount: If you're buying gold as a hedge against a failure in the financial system, you must be confident that the custodian would not be impaired if a crisis were to happen.

These crises began in the emerging world and caused very substantial damage to the economies and financial systems of a large number of emerging market economies.

If there is any planning to be done with regard to the banking and financial system, the central issue of mathematical economics as applied to the financial sector should focus on how economies should cope with the tendency for debts to mount up until a crisis erupts?

Asia's financial systems functioned relatively well during the global financial crisis in 2008 — 09.

«It helps to stop problems before they become crises in the financial system.»

Former Ontario Securities Commission chairman David Brown and others said this year that avoiding another financial crisis required a powerful entity that was accountable for the health of the entire financial system, not simply one aspect of it, such as lenders or bond and stock traders.

The important question is: How will governments, central banks and financial systems respond to the ongoing crisis?

The June Financial System Review (FSR) says there is only a moderate threat of a financial crisis occurring, the same as its previouFinancial System Review (FSR) says there is only a moderate threat of a financial crisis occurring, the same as its previoufinancial crisis occurring, the same as its previous report.

Notably, several banking regulations that previously sought to prevent concentration of systemic risk in our financial system were repealed by Congress in the 1990s — leading in part to the «too - big - to - fail» crisis.

Since the global financial crisis, the financial system role of central banks has expanded to place more emphasis on the prevention of financial stress and crises.

Certainly, our financial system held up comparatively well in the 2008 crisis, and lots has been done, but we have shortcomings still to address.

We have strengthened our financial architecture to protect against future crises, and the system is still adjusting.

He also used the 2008 financial crisis and the idea of black swan events to point out that if a broken system is allowed to fail, it actually strengthens it against the catastrophe of future black swan events.

Certainly, our financial system held up comparatively well in the 2008 crisis, and lots has been done, but...