The 2008
global crash caused a 6 % decline in GDP as activity and tax receipts dried up in our large financial sector and the rest of the economy contracted.
Not exact matches
The AnonSec hacker group released a 250 GB data dump and claimed it tried to
cause a
Global Hawk Drone to
crash in the Pacific Ocean, according...
Fisheries are
crashing, deforestation is
causing a whole complex of problems, the weather is becoming less favorable because of
global warming, fresh water is becoming scarce, species are disappering, arable land is deteriorating.
The same Chancellor who still tries to claim that a
global financial and banking crisis, which began in the USA and echoed round the world, was somehow
caused by or made worse by levels of public spending here in Britain — when as Shadow Chancellor, before the
crash, he had pledged to match Labour's spending plans.
But the failure of nations to craft a new
global pact has
caused demand for the CO2 offsets generated under the U.N.'s carbon markets to dry up, sending prices
crashing and nearly bankrupting many of the companies that invested in the schemes.
We now have the best evidence yet that an enormous wave of volcanism,
caused by several continents
crashing together to form the even greater landmass known as Gondwana, was the reason for a sharp rise in
global temperature.
And such a
crash could be triggered by a number of events — a recession that
causes widespread unemployment, rising interest rates and even
global shocks like failures in China's opaque shadow banking system.
How can someone go beyond the
causes of either shuttle
crash and question the ability of NASA or any equivalent organization to function effectively, yet simply accept that since The Limits to Growth predicted a
crash due to resources by 2000 and that didn't happen,
global warming is bogus?
Nova is an Australian climate denialist and author of «The Skeptic's Handbook,» a
crash course in false science claiming
global warming isn't happening and isn't human -
caused.
But the
global recession after 2008
caused a
crash in production, meaning there is a now huge oversupply of permits.
Model
crashes for large positive forcings are sometimes described as a runaway greenhouse, but they probably are
caused by one of the many parametrizations in complex
global models going outside its range of validity, not by a runaway greenhouse effect.
Other environmentalists have undermined the
cause with claims bordering on the outlandish; they've blamed
global warming for shrinking sheep in Scotland, more shark and cougar attacks, genetic changes in squirrels, an increase in kidney stones and even the
crash of Air France Flight 447.