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Busts in sentence

80 examples of Busts in a sentence

The first reason for this is that stock-market busts can be triggered by interest-rate increases, which are often a response to economic expansion.
My second point is that there are several obvious economic channels through which booms that turn into busts affect growth.
The few emerging economies that have avoided booms and busts have done so by adhering to sound policy frameworks.
Zero or negative real interest rates, when they become quasi-permanent, undermine the efficient allocation of capital and set the stage for bubbles, busts, and crises.
But centralized, one-size-fits-all monetary policies cannot counteract booms or busts reliably, and often have unintended consequences.
Oil above $140 a barrel was the last straw – coming on top of the housing busts and financial shocks – for the global economy, as it represented a massive supply shock for the US, Europe, Japan, China and other net importers of oil.
Historical evidence from the last 40 years shows that political cycles within the region are highly synchronized, and tend to reflect economic booms and busts.
Thus, the state’s coffers (and hence spending) overflow during booms, but then collapse, forcing emergency retrenchment, during busts.
This exaggerates the effects of booms and busts.
It can drive the real over-investment cycles feared by Austrian-school economists like Ludwig von Mises and Friedrich Hayek, and can drive harmful booms and busts in prices of existing assets, as described by Hyman Minsky.
Booms and busts in individual equity stocks or specific commodities typically have little macro-level effect: and even huge swings in entire equity-market sectors – such as the NASDAQ boom and bust of 1998-2002 – may have only a mild adverse impact on overall economic growth.
By contrast, property booms and busts have historically been the most dangerous, because the total value of real estate wealth usually dwarfs equity values, and because real-estate booms are often debt-financed.
The Curious Case of the Missing DefaultsCAMBRIDGE – Booms and busts in international capital flows and commodity prices, as well as the vagaries of international interest rates, have long been associated with economic crises, especially – but not exclusively – in emerging markets.
Commodity-price busts – with peak-to-trough declines of more than 30% – have a similar duration, lasting about seven years, on average.
Or South Africa, where economic progress has constantly been too slow, whether in boom years for gold and other resources or busts, to make any real dent in poverty levels.
Each and every one of the recent booms and busts – in Latin America, Asia, and Russia in the 1990’s, and in Eastern Europe, Southern Europe, and Ireland more recently – shared some combination of unsustainably low financial costs, asset bubbles, over-indebtedness, wage growth unwarranted by productivity gains, and domestic absorption in excess of production.
And that, too, is a feature of a market dominated by small traders: the “herding” behavior that fuels major booms and busts becomes more prevalent, because individuals assume that others have better information.
Another BJP legislator declared Mahatma Gandhi’s Hindu-nationalist assassin to be a patriot, while a fringe party in the Modi camp announced a campaign to install the assassin’s busts throughout the country.
The United States had ghost towns and local bank busts once it began investing in railways, mining, and industrialization in the mid-nineteenth century.
Poor governance limits a country’s ability to create lasting wealth and productive capacity – even if the shortcomings become evident and damaging only when booms turn to busts.
And debt can drive booms and busts in the price of existing assets: the UK housing market over the past few decades is a case in point.
The authorities in Beijing, especially the CBRC and the People’s Bank of China (the real central bank), have a good record of managing incipient booms and busts, and I would not bet against their success this time.
Financial crises have repeatedly been spawned by inadequately regulated financial innovation, with the combination of market greed and regulatory silos and blind spots enabling booms and busts.
These factors will drive construction booms and busts even if obvious market distortions are removed and market discipline is tightened.
In the last cycle of real estate busts, real (inflation-corrected) home prices fell 46% in London in 1988-95, 41% in Los Angeles in 1989-1997, 43% in Paris in 1991-98, 67% in Moscow in 1993-97, and 38% in Shanghai in 1995-1999.
Volatile capital flows induce volatility in the recipient economy, making booms and busts more pronounced than they would otherwise be.
But those who have warned of the EMEs’ impending busts have been dismissed as “prophets of doom” who underestimate the EMEs’ potential.
Former US Federal Reserve Chairman Ben Bernanke may be blamed this time, but EME busts can easily be triggered by anything from a minor change in global conditions to an unexpected growth hiccup or domestic political instability.
The fact that financial booms and busts can occur amid relatively stable inflation does not help.
Low interest rates can sow the seeds of financial booms and busts.
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