The kind of
near financial collapse that we recently went through, salvaged only by enormous government intervention, is no threat to China.
Not exact matches
Many books have already been written about the structural problems which were the foundation for a
near collapse of the global
financial system.
Credit default swaps figured prominently in the
financial crisis, notably in the
near -
collapse of American International Group, a giant insurer that sold protection to investors in home mortgages but couldn't pay out on the policies when the housing market crashed.
Under the burden of the
financial collapse and the imposition of severe austerity on certain EURO countries the EURO area has never recovered and is not expected to in the
near term.
The case advances as foreclosures remain
near record highs as a result of the 2008
financial crisis, which was set off by a
collapse in subprime real estate financing.
Two severe bear markets and a
near -
collapse of the global
financial system pushed the average annual returns down to negative numbers.
Much the same is true today where the
financial crisis and
near economic
collapse has seen widespread uncertainty decimate entire economies.
But the
near -
collapse of
financial markets is a compelling reminder to investors and policy - makers that credit card houses are precarious structures.
Bitcoin was created in 2009, in the wake of the
near -
collapse of the global
financial establishment and soon after an individual or group using the name «Satoshi Nakamoto» posted a paper online discussing the idea of a decentralized digital currency free from interference by governments and
financial institutions.
It acquired locations from other electronics retailers who were struggling amidst a recession and the
near collapse of the nation's
financial system.