Sentences with phrase «great economic dangers»
Mr Cable said: «The government is only just waking up to the problem, despite the fact it has been warned for years that there were great economic dangers from the bubble in the housing market, linked to exceptionally high levels of personal borrowing.»
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But a monopoly's great economic and societal danger was its ability to decide who succeeded in business and who failed.
The problem with all this is that when large banks are funded by so much debt (and so little equity) they're in much greater danger of insolvency during an economic downturn.
When poor people flee their land, risking great danger and hardship, they make a commentary on the legal and economic structure of that land.
When our economic system is based on the incentive of material reward, and works well because of this, it also brings a great spiritual danger.
Steadily rising prices, the danger of continuing inflation, an economic recession as bad or worse than the Great Depression of the early 1930s, and widespread unemployment that can hit almost anywhere give plenty to worry about.
If you can't weather a bad economic time you will be in much greater peril and you're putting yourself in danger of default.