Sentences with phrase «worst financial downturn»

Introducing a top - end menu item during the U.S.s worst financial downturn may have seemed questionable to some, but McDonalds knows more than how to make special sauce.

Not exact matches

Ross added nuance to that remark, speaking on a panel at Davos later in the day: «Nobody is trying to ignite what Smoot - Hawley did during the Depression,» Ross said, referring to legislation passed in 1930 that slapped tariffs on nations that shipped goods to the U.S. and arguably made the era's financial downturn even worse.

What will make this recession worse than average is not the fact that a couple of additional industries are affected, but that the extreme speculation and excessive debt of recent years will propagate the effects of this downturn through the financial system.

So, if we're thinking about ways to stave off the next downturn, I think it's a very bad idea, if not downright amnesiac, to advocate deregulating financial markets.

The Dodd - Frank Act, which itself made matters worse rather than better in the wake of the government - fueled financial downturn of 2008, explicitly empowered the Securities and Exchange Commission (SEC) as the agency to formulate rules relating to investment advisers who offer «personalized investment advice about securities to a retail customer.»

Once an economic expansion ends, however, the amount of built - up leverage (debt used to buy assets) in the financial system typically helps determine how bad a subsequent downturn might be.

«Many Millennials began their adult lives in the midst of the worst economic downturn in generations, and our survey reveals just how deeply and broadly the Great Recession has marked the financial lives of this generation of Americans, said FINRA Foundation President Gerri Walsh.

The crisis showed us how financial imbalances in one sector of one economy could be amplified and propagated across the entire financial system, leading to the worst global downturn since the Great Depression.

Whether because of job loss, economic downturn, illness, death, divorce, or just a couple bad financial decisions, overwhelming debt can strike Minnesota families at any time.