For the number to return to $ 11 million quickly, he said, would probably require
a large financial bubble.
Not exact matches
China has been trying to get its unruly
financial sector under control, worried that asset
bubbles and its enormous unofficial — or «shadow» — banking system could threaten its economy, the world's second
largest after the United States».
The
financial sector,
large and small, is doing great in terms of profitability (and that's before all their goodies in the tax cuts), credit is freely flowing, and while there's always speculation afoot in
financial markets, there are no
large and potentially destabilizing credit
bubbles.
In a speech laying out the potential changes wrought by
financial innovations, Lagarde also said that over the next generation, «machines will almost certainly play a
larger role» in helping policymakers, offering real - time forecasts, spotting
bubbles, and uncovering complex
financial linkages.
The collateralized debt obligation in particular enabled
financial institutions to obtain investor funds to finance subprime and other lending, extending or increasing the housing
bubble and generating
large fees.
In the 2000 - 2002 deflation of the technology
bubble, and again in the
financial crisis of 2008, 54 % of
large cap funds underperformed the S&P 500.
This past evening, my wife and I watched The Billion Dollar
Bubble, which was the
largest financial fraud up until Madoff.
Our great national recession undermined consumer confidence, destroyed Americans» invested savings, burst the
bubble of inflated real estate values and thrust businesses
large and small into
financial jeopardy.
Once the
financial impact of stranded assets are factored in, the carbon
bubble will collapse with
large financial consequences for fossil fuel companies and their owners.
While that's great news for homeowners who want to enjoy the
financial benefits of increasing equity — such as refinancing to lower mortgage payments or even take out cash — it's bad news for buyers, many of whom are afraid to make the
largest investment of their lives at what could be the apex of another real estate
bubble.