What Ottawa isn't considering, at least not publicly, is the return of economic conditions that would dramatically impact government revenue, not to mention
a total financial meltdown that would require emergency stimulus spending (or a political need to meet calls for stimulus).
Not exact matches
Whatever the huffi ng and puffing of those who did not have to resort to a government bailout, everyone involved in the
financial services industry has the taxpayer and political intervention to thank for preventing
total meltdown.
Gordon Brown's efforts to steer Britain through the economic crisis, avoiding a
total meltdown of the
financial sector, were not given enough credit, according to the magazine, but it said: «The government is largely responsible for the current fiscal deficit.
«the name Gordon Brown should go down in history as possibly saving the world from a
total meltdown of the whole
financial system.
«When this big crisis hit, my husband started to worry about our
financial situation because it started to look like it was going to be a
total meltdown.