Sentences with phrase «of financial bubbles»

(The question extends well beyond climate policy; as I did the other day, I encourage you to listen to a great recent discussion of financial bubbles and busts on Leonard Lopate's radio show.)
International investors play the markets to realise added value, and in this way take part in the creation of financial bubbles.
«We are replaying an age - old storyline of financial bubbles that has been played many times before,» he concluded.
The company's chief financial officer recently took an even firmer stance that cryptocurrencies are volatile, speculative ventures, operating unregulated, in the grips of a financial bubble.
Admittedly the heads of the world economy are also becoming worried as they take stock of the situation, and face up particularly to the presence of the Asian tigers, the irrational growth of the financial bubble and the extreme poverty in the world.
Economist Hyman Minsky «s 1996 «Financial Instability Hypothesis» highlights five points in the life cycle of a financial bubble:

Not exact matches

Before the financial crisis, most every economy was doing well, albeit on a bubble of debt and inflated asset prices.
The challenges facing the five men's successors, all chosen from within, include basement - dwelling interest rates, an ever - growing housing bubble, and the threat of disruption by financial technology upstarts.
That includes the great recession of 1980 to 1982, the stock market crash of 1987, the Russian Ruble crisis of 1998, the tech bubble of 2000, and the financial crisis of 2008.
The U.K. takes it so seriously that it invested the Bank of England with the power to deflate any asset - price bubbles that it identifies as threats to the financial system.
In January 2009, both The Wall Street Journal and Forbes cited Paul as one of the few who identified early on the formation of the housing bubble and the economic and financial market havoc that would ensue after the bubble inevitably burst.
According to UBS, certain cities have seen prices rise at rates that are potentially not sustainable - and eight of these financial centers are at risk of having real estate bubbles that could eventually deflate.
Three of us started the company, we were first time software entrepreneurs, we were starting in a difficult environment in late 2000 when the Internet bubble had burst, we couldn't get funding, we were working without salaries and having no financial cushion... but almost in a linear fashion it just got better and better: more momentum, more customers, better culture, better technology.
And though WeWork became profitable as of summer 2015, some skeptics believe that its financials may not support its valuation, suggesting it could be part of a new technology bubble.
On March 28, after a seven - year investigation, the RCMP's commercial crime section filed criminal charges against three of the firm's principals: former CEO Daniel Potter, who built the software developer into a TSE - listed firm with a market value of $ 100 million at the height of the dot - com bubble; Halifax securities lawyer Blois Colpitts, 48, a former director and the firm's legal adviser; and Bruce Elliott Clarke, a 65 - year - old former broker with National Bank Financial.
Too many of us techies today live in an insulated and isolated world that is basically a shiny, buffed - up bubble that completely ignores the day - to - day concerns and financial realities of the people who inhabit most of the world.
Two years ago, when Greater Vancouver houses were selling for an average of just $ 1 million, Porter dismissed talk of a Canadian housing bubble by declaring that ««bubble» is perhaps the most overused word since the global financial crisis.»
Over the last few years, China's debt - to - GDP has ballooned to more than 300 percent from 160 percent a decade ago, causing many people, including Chinese officials, to warn of a financial - sector debt bubble that's waiting to burst.
A cut Wednesday would leave the benchmark rate near its effective floor, reducing the central bank's flexibility to deal with the elevated risk of financial turmoil from Europe's vexed relationship with Greece or China's stock - market bubble.
At the same time, Burry, who made a fortune in last decade's financial crisis by betting that the housing bubble would burst, is also gaining a following north of Hollywood, as a Silicon Valley tech investor.
Efforts to make complex financial functions a part of Bitcoin have been bubbling through 2013, but 2014 will see them come to fruition.
That's the smallest bubble I've ever seen relative to the scale of other financial crises.
«We are in the throes of a burgeoning financial bubble,» Jones said.
The housing bubble in the United States, which triggered the financial crisis in 2008, had highlighted the danger of using the financial system to make up for the failures in social policies.
According to UBS, certain cities have seen prices rise at rates that are potentially not sustainable — and eight of these financial centers are at risk of having real estate bubbles that could eventually deflate.
... The lenders with their teams of financial analysts absolutely knew that they were creating and continuing to lend into a bubble
So this first line of explanation stresses the factors that are common to all financial bubbles — in particular the combination of cheap credit and a general increase in the appetite for risk.
The Congressional Budget Office defines asset bubbles as: «An economic development in which the price of a class of physical or financial assets (such as houses or securities) rises to a level that appears to be unsustainable and well above the assets» value as determined by economic fundamentals.
MH: The bubble of the 1990s has been called a dot.com bubble, an internet bubble and other forms of technological bubble, but technology was only a vehicle for what basically was a financial bubble.
A big storm can escalate into a hurricane through sudden shifts in wind and pressure just as an economy can tumble into recession when a bubble bursts because of financial vulnerability.
It was almost as if the Spanish operators had read one of the biographies of Ponzi that began to appear as observers noticed the common denominators between the global financial bubble of the 1990s and earlier bubbles.
The aim of bank marketing departments — backed by the Obama administration — is to steer credit to re-inflate the bubble and thus save financial balance sheets from their current negative equity position.
The «search for yield», i.e. for better return on financial investments than the declining interest rate, thus led to the series of bubbles & bursts: deregulated savings & loans (immediately), high - tech stocks (late 90's), mortgage derivatives — > house prices (2000's).
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.
It also helped the economy in 2008 when global risk aversion was at its peak, and during both the Asian financial crisis in the mid to late 1990s and the bursting of the tech bubble in the United States a decade ago.
It was in Kindleberger's book that I also first learned about the impact of the Franco - Prussian War of 1870 - 71 and the subsequent reparations payments on global financial markets (which I discuss extensively in a February blog entry) and in unleashing the final stage of a global liquidity bubble that ended with the various panics of 1873.
Many voters believe that a financial bubble enriches the economy rather than turning the surplus into a flow of interest and banking fees.
The essence of the global financial bubble is that savings are diverted to inflate the stock market, bond market and real estate prices rather than to build new factories and employ more labor.
Yet from our perspective, bitcoin has serious flaws: its trajectory resembles a textbook case of a financial - market bubble, and it is lacking several key qualities that would qualify it as a currency.
But despite all this, the important thing is that the real estate bubble would have developed in any event, simply because of the exponential financial dynamics at work and the increasing tax favoritism for real estate — taxing labor and industry rather than land rent.
Once again, there is minimal demand for autos and housing, and that is partly because the market is still saturated with both of these credit - sensitive big - ticket items after an unprecedented credit and consumer bubble that went absolutely parabolic in the seven years prior to the collapse in the financial markets an asset values.
Presently, market conditions are most consistent with a «blowoff» to complete the extended top - formation of the third financial bubble in 16 years.
In the most recent case of financial intrigue bubbling up following the leak of the Paradise Papers, an investigation by the CBC and the Toronto Star uncovered evidence of a multi-million dollar ticket scalping operation that StubHub not only permits but incentivizes.
It may promote a financial bubble but at the cost of austerity for consumption and direct investment.
Just as real estate lending fuels land speculation, so the withdrawal of such credit leaves property markets to decline, sometimes with a crash, as occurred in Japan after 1990 when its financial bubble burst.
The first set of costs stems from the risk that the current monetary policy regime could distort asset allocations and lead to renewed financial asset bubbles.
It is true that the housing bubble caused more damage because it was a debt bubble vs. an equity bubble, and that caused a bigger financial problem because banks and shadow banks were more financially exposed to the equity losses of the housing bubble (equity based upon debt x 10).
However, I think we need to look deeper at the cause of financial stress with each bubble if we're actually interested in inequality.
The dot - com bubble of 2001 is another black swan event that has similarities to the 2008 financial crisis.
«Preventing new speculation acrobatics and formation of bubbles is primarily the responsibility of the financial sector,» he declared.
a b c d e f g h i j k l m n o p q r s t u v w x y z