Sentences with phrase «into deep financial crisis»

Japan's imploding stock bubble also popped the country's real estate bubble, creating zaitech - in - reverse and throwing the country into a deep financial crisis and halting the three - decade old «Economic Miracle» in its tracks.

Not exact matches

But the author, a neuroscientist and former Wall Street derivatives trader, sees the roots of the crisis extending much deeper, into the very body chemistry of the traders making the multimillion - dollar bets that drive the global financial system.

AS GOVERNMENTS struggle to prevent the global financial crisis turning into a deep worldwide recession, attention is also turning to the longer - term problem: how to avoid a similar crisis happening again.

Plus a financial crisis that rocked the markets of the world and plumped us into a deep recession that could take many years to recover.

This is good news for struggling FHA borrowers, who typically have less home equity and fall deeper into financial crisis as their homes values fall below their mortgage debt.

The Conservative government oversaw the country's slide into deep deficits at the height of the global financial crisis after an 11 - year string of surpluses, most of them racked up by the previous Liberal administration.

The report, titled «Enhanced Credit Data and Scoring: Deeper Insight into Mortgage Applicants,» notes that consumers used to pay mortgage debts first, but because of the recent financial crisis some consumers now treat paying other debts, such as credit card bills and car payments, as a higher priority to maintain personal financial liquidity.