Sentences with phrase «global collapse of»

Gordon Cheung is a contemporary artist whose work captures the mood of the global collapse of civilization — or a dystopian, prophetic vision of it — where moral, economic and environmental crises have spun out of control.
This prediction called for a financial scandal like the MF Global collapse of 2011.
When four outsiders saw what the big banks, media and government refused to, the global collapse of the economy, they had an idea: The Big Short.
While the challenges may be greater than ever, at least now our oceans are getting some long - overdue attention; only time will tell if we took action in time to stave off a global collapse of marine ecosystems.
That's led to a global collapse of many fisheries, such as cod in the North Atlantic.
[4] Is it possible that the current global collapse of confidence in our financial institutions could help people clutch their way back to a different sense of values and to the commitment of self which underlies any firm investment in their own happiness?

Not exact matches

But now, in this lacuna between the descent of the greenback, the collapse of the euro and the rise of the yuan, Canada has a moment to be the darling of global currency.
The collapse of global financial system in 2008 wrecked that fantasy.
That would prevent a default that would clog the global river of credit — much like the collapse of Lehman Brothers in 2008 — sparking another financial markets meltdown.
Take the case of Lehman Brothers, the financial services firm that collapsed in 2008 and played a big role in the global economic downturn.
Global trade almost completely collapsed and the tariff was likely responsible for about half of the free fall.
And if the global economy truly is as screwed as some believe — like Kyle Bass, for example, a Dallas fund manager Lewis encounters who predicted the sub-prime mortgage disaster and who has since bought an isolated ranch with its own water supply and an arsenal of weaponry, betting on severe economic collapse — then you're probably better off saving your nickels.
«I don't think we're looking at a global economic collapse anymore,» says Mintz, who works in administration at the College of Registered Nurses of Manitoba, «and the Canadian economy will recover next year.»
But at a time when the public sector has made a major resurgence in the global economy in the wake of the economic collapse, Barton feels McKinsey is still «looking through a keyhole» at public - sector issues.
The digital currency movement achieved liftoff at a moment when the global financial system appeared to be on the verge of collapse.
Lehman Brothers collapsed in the fall of 2008 amid the global financial crisis and Great Recession.
With the collapse of global oil prices, the largest recyclers like Waste Management have reported sharp drops in recycling revenue and stagnated recycling rates across the country.
Remember subprime loans, the thing that brought the global financial system to the brink of collapse a decade ago?
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.
But unlike the 2011 rout, sparked by the eurozone debt crisis, the sudden collapse of global equities markets that began last week is all about China — which makes it all the more unnerving since few have a good grasp on how the world's most important emerging economy actually works.
Many books have already been written about the structural problems which were the foundation for a near collapse of the global financial system.
In a quiet acknowledgment of these facts, the governor of the Bank of Canada, Mark Carney, was appointed as the new chief of the Financial Stability Board, a group of top fiscal experts trying to keep the global house of cards from collapsing.
He also recaps his highly profitable call on the collapse of the housing market back in 2006, and warns that the ongoing easy money - fueled five - year plus rally in global financial markets could «end very badly.»
As the global economy deteriorated in 2008, the collapse in virtually all asset prices led to the unwinding of the yen carry trade, leading to it surging as much as 29 percent against the yen in 2008, and 19 percent versus the US dollar by February 2009.
The 2008 - 2009 oil price collapse was part of an overall crash of the entire global economy.
The agency, the Commodity Futures Trading Commission, which sued Mr. Corzine in 2013 over MF Global's collapse and misuse of $ 1 billion in customer money, could announce a deal by the end of this year if the agency's three commissioners approve it.
That threatens $ 11 billion global banana trade with the same sort of collapse that happened to the Gros Michel.
After losing the governor's race to Chris Christie, Mr. Corzine returned to Wall Street, presiding over the collapse of the brokerage firm MF Global and becoming a target of federal investigators.
The collapse of the global economic - political paradigm that was fostered and nurtured by neo-classical economic theories built on childish abstracts which failed to embrace the physical and mathematical realities of existence defined by universal laws of matter and energy.
Although manufacturing overcapacity is certainly a problem, much of it is in areas in which global demand has simply collapsed, and isn't coming back, and so a cheaper currency would have little impact beyond temporarily reducing excess inventory, which is not enough of a benefit to justify the many costs of a weaker currency.
The index is now at its highest since April 2008, several months before the collapse of Lehman Brothers brought the global financial system nearly to a halt.
With no loans being made and the world's largest financial institutions under significant threat of failure, the global financial system was under threat of collapse.
Result: In 2007, the collapse of the housing market triggered the subprime mortgage crisis and a three - year - long global recession.
And while Canada - wide median incomes were up by an inflation - adjusted 3.5 per cent over that time, the performance was heavily influenced by oil - rich provinces such as Alberta and Saskatchewan — a trend that's since hit a wall, thanks to the collapse of global oil prices.
2008 global financial crisis, world HNW and MC's, flooded back into US, driving USD strength, flatlined global economy, decelrating trade, collapse of commodity values, reduction in opportunity horizon of Manufacturing and Productive EM, along with debt dynamics in China accelerating (Money Printing, Asset Bloat) and staid developed world horizons and Equity bloat in US.
Attempts to export its excess savings can only lead to one of three outcomes: A) global growth rises because Europe's savings are all directed at developing countries with significant infrastructure investment needs and insufficient capital, B) global growth drops sharply, global unemployment rises, and China's adjustment becomes all but impossible, C) international trade and capital flows collapse in a repeat of the 1930s, so that Europe is forced to resolve its savings imbalance either by a massive increase in unemployment or a wave of sovereign defaults.
«America First» is a bad deal for everyone The death of liberal world order leaves the world less prosperous, less peaceful, less freeRichard N. Haass argues that the post-war liberal world order has collapsed, threatening global peace, prosperity and freedom.
Since the collapse of Lehman Brothers in 2008, the top 50 global central banks have cut interest rates 673 times, and negative interest - rate policy efforts haven't worked.
Today's excessive money printing — whether to gain a trade advantage or to prevent a deflationary collapse — will end in the cataclysmic collapse of today's fiat currencies and the consequent disarray of global markets and sovereign states.
In the wake of the global financial crisis, Fortress bought bad loans in Italy and has a track record in Japan, where it bought hotels held by Lehman Brothers after the bank collapsed in 2008.
The coming deflationary depression will involve not just the collapse of capital markets but, in addition, a cataclysmic currency crisis caused by the global destabilization of money.
In the 1930s, when global demand collapsed, countries fought for shares of a shrinking market by levying tariffs on imported goods.
Since the collapse of Lehman Brothers — which signalled the start of the global credit crunch — mainstream prices in Austria have risen 34.7 %, the highest level of price growth in all of Europe.
Two severe bear markets and a near - collapse of the global financial system pushed the average annual returns down to negative numbers.
The common commitments undertaken there to engage in fiscal expansion, strengthen financial regulation, resist trade protection, and enhance the capacity of international financial institutions to respond to problems in emerging markets were effective in halting the collapse of the global economy.
His ground breaking research on complex systems modelling of debt - deflation was awarded the eminent Revere Award from the Real World Economics Review, describing Keen as the economist «who first and most clearly anticipated and gave public warning of the Global Financial Collapse and whose work is most likely to prevent another GFC in the future».
In contrast, oil producers posted cumulative losses of $ 32 billion over the course of the last three years as revenues declined sharply following the global collapse in oil prices.
Prices for liquefied natural gas (LNG) have collapsed, global demand is faltering and the first of what is likely to be a wave of competing shipments has just set sail from the unlikeliest of exporters, the United States.
The collapse in global iron ore prices isn't chasing Gina Rinehart away from the red soil of Western Australia that made her a billionaire.
Because of that volatility in Antarctica, it's too soon to say whether this year's collapse in global sea ice is an aberration.
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