Crash
in sentence
943 examples of Crash in a sentence
For the past three and a half decades, the principal shocks have not been inflationary, like the 1973 and 1979 oil crises, but rather deflationary, like the US savings and loan crisis in the 1980s and 1990s, the 1997 Asian crisis, the 2000 dot-com bust, the terrorist attacks of September 11, 2001, the 2007 subprime collapse that began in the US, and the 2010 European debt
crash.
The trouble is that, by 2010, the shadow banking system was about the same size as it was just before the 2007 market crash, whereas the regulated global banking system was 18% larger than in 2007.
The country’s growth slowdown and mounting financial risks have spurred a growing wave of pessimism, with economists worldwide warning of an impending
crash.
But, given the authorities’ broad scope for policy intervention, the
crash
will not come anytime soon – if it comes at all.
But wellbeing research yields a sharper insight: even if we could bounce back from a crash, the cost would be high.
For example, this summer’s stock-market
crash
was widely viewed as a natural correction, because equity prices – driven largely by government interventions – had risen over the previous year far above what economic fundamentals merited.
Not long after the stock-market crash, however, the authorities allowed the currency to depreciate.
Its architects were aware of this deficiency, but other flaws in their design became apparent only after the
crash
of 2008.
Iran’s emergence as a nuclear-weapons state would almost certainly tempt several of the main Sunni Muslim countries (Turkey, Egypt, and Saudi Arabia all come to mind) to embark on a
crash
program to acquire or develop nuclear arms of their own.
For example, since the 1987 stock-market
crash
in the United States, the importance of having circuit breakers has been recognized; but if improperly designed, such reforms can increase volatility.
Only after joining forces in providing a €750 billion bailout package, did the eurozone’s member states and the IMF prevent another systemic
crash.
The eurozone crisis on our doorstep, and the lingering damage inflicted by the
crash
of our financial system, dragged down economic growth in 2011 and 2012.
One can only imagine the endemic nepotism and corruption that have traditionally characterized Libya’s police forces, but they will need to be made adequately operational quickly, probably via a new loyalty oath and some
crash
training.
For example, under the internationally-agreed Basel Committee rules that were in place before the 2008 crash, capital requirements for business loans were five times higher than for mortgage-backed securities that had AA or AAA ratings.
The reason is simple: the incomplete recovery from the global
crash
of 2008.
The global economic
crash
came on the heels of the 2008 oil-price explosion, which proved to be short-lived but is likely to return as global oil supplies are stretched to the limit.
With the global economy still recovering from the 2008 financial crash, higher energy costs – not yet fully offset by greater energy efficiency – are worrying business and political leaders.
Beginning with the sharp monetary-policy easing that occurred following the 1987 stock-market crash, monetary policy has been used aggressively in the face of every economic downturn (or even anticipated downturn) ever since – in 1991, 1998, 2001, and, with a vengeance, following the events of 2007.
But emphasizing the reduction of social inequalities does not sit easily with America’s profoundly individualistic ethos, and the attempt to “Europeanize” the nature of the social contract between the state and its citizens might yet
crash
against the constitutive principles of the American system.
Anything short of these radical and coordinated actions may lead to a market crash, a global financial meltdown, and worldwide depression.
But it remains possible that his candidacy will
crash
as some of his rivals drop out and leave their supporters (and wealthy backers) to crystallize around someone they see as a more viable alternative.
Even a unanimous vote in the United Nations Security Council condemning the downing of Malaysia Airlines Flight 17 and demanding access to the
crash
site has failed to produce the desired results.
These groups have shown their powers when, following the
crash
of the MMM pyramid, the Ministry of Finance proposed to regulate the Russian securities market through the notoriously corrupt Tax Inspectorate.
Moreover, the European welfare state will cushion the impact of the economic crash, at least for some time.
The economic
crash
in the United Kingdom is at least as severe as in America, forcing the government to rely almost entirely on deficit spending to prevent a complete meltdown of its financial system.
Moreover, after the financial crisis erupted, central banks were increasingly compelled to depart from inflation targeting, and to implement myriad unconventional monetary policies in order to ameliorate the consequences of the
crash
and facilitate economic recovery.
Credit mistakes are made during the boom, not during the crash, so the argument goes.
Policy debates in the US are chiefly preoccupied with ensuring that banks are never “too big to fail”; that private investors rather than taxpayers hold “contingent capital,” which in a
crash
can be converted into equity; and that “over-the-counter” markets’ functioning be improved through greater reliance on centralized trading, clearing, and settlements.
Though Russia is pursuing its military campaign independently of the Western powers (reflecting its support for Assad), it, too, has apparently become a target, with US and European officials increasingly convinced that the Islamic State was behind October’s
crash
of a Russian airliner in the Sinai Peninsula.
Something may well happen in the next several years to radically boost America’s savings rate by making US households feel suddenly poor: tax increases, a real estate crash, rapidly-rising import prices caused by a plummeting dollar, a deep recession, or more than one of the above.
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