Sentences with phrase «severe global recession»

«The combination of a disorderly Brexit and a severe global recession and stressed misconduct costs could result in more severe conditions than in the stress test,» the bank said.

The BoE also said it was not clear if the banking system could cope easily with a disorderly Brexit if it came at the same time as a severe global recession and further substantial fines for financial misconduct.

Not exact matches

(This is the lesson we learned during the recession of 1981 - 82, which for Canada was even more severe than the global financial crisis of 2008 - 09).

In the last few years we've had a housing bubble, a credit bubble, runaway government spending, soaring gas prices, a global recession, high unemployment, the risk of a U.S. debt default, a fiscal crisis in Europe, and the threat of severe inflation.

«Serial sovereign defaults and further severe global economic recession seem unavoidable.

At the tipping point, oil prices exceed the pain tolerance of a sufficient number of global consumers, causing economies to roll over into severe recession.»

According to the administration what we got for our $ 5 trillion was avoiding a collapse of the world financial system so we got a severe recession instead of circa 1929 global depression.

By Walter Starck The most critical problem we now confront is not global warming or how to tax emissions, but providing enough affordable fuel to avoid severe recession before alternative energy can become reality.