Downturn
in sentence
613 examples of Downturn in a sentence
The reason is simple: the US authorities checked whether their banks could survive the sort of
downturn
that the market feared most at the time.
Capital buffers to absorb losses during the
downturn
of the cycle can be more easily built during the upswing.
In fact, a substantial share of the promised US aid has yet to arrive, particularly the part that is meant to rescue the economy from a deep
downturn.
The crisis of 1907 was both immediately devastating, provoking a massive but short economic downturn, and, as it turned out, easily resolved.
In the Great Depression, bank collapses made the
downturn
far worse.
Any shock to sovereign debt or further
downturn
in local economies will be transmitted through an overleveraged and undercapitalized banking system to other European countries and – quite possibly – elsewhere, including the United States.
The global economy’s
downturn
increases countries’ political risk to varying degrees, depending on the severity of the shock and the nature of the implied social contract.
Before taking office, President Barack Obama had promised a doubling of American foreign assistance, from $25 billion to $50 billion, but since then Vice-President Joe Biden has warned that this commitment will probably be achieved more slowly because of the
downturn.
An improved system could help alleviate the burden imposed on innocent victims of the financial and economic
downturn.
In Europe, there was continued emphasis on austerity, with self-congratulations on the progress made so far, and a reaffirmation of resolve to continue along a course that has now plunged Europe as a whole into recession – and the United Kingdom into a triple-dip
downturn.
The predictive significance of oil prices is indeed impressive, but only as a contrary indicator: Falling oil prices have never correctly predicted an economic
downturn.
Even so, the optimists who spoke last year of a soft landing or a mild “V-shaped” eight-month recession were proven wrong, while those who argued that this would be a longer and more severe “U-shaped” 24-month recession – the US
downturn
is already in its 18th month – were correct.
The situation was exacerbated by the economic
downturn
after 2008.
In that sense, it is reasonable to say that the worst of the
downturn
is now probably behind us.
With a cyclical mindset and fiscal space exhausted, a new round of quantitative easing (QE2) might be defended as a strategy for mitigating the tail risk of another
downturn
in asset markets (mainly housing) and households’ balance sheets – and with it the possibility of a deflationary dynamic.
They can sustain relatively high growth rates in the face of weak and lengthy recoveries in the advanced countries, but not if there is a major
downturn
in North America or Europe (or both), a serious outbreak of protectionism, or instability in global financial markets.
At a time of economic downturn, domestic banks find government bonds a safe place to park their money, making it less difficult for the government to finance its mounting fiscal deficit.
Indeed, the transcripts themselves show that Fed leaders were worried about an economic
downturn
and were ready to employ their macroeconomic tools, but that they thought the banking system was well capitalized and could withstand more stress.
The absence of a classic vigorous rebound means the global economy never recouped the growth lost in the worst
downturn
of modern times.
Meanwhile, the economic
downturn
is doing its bit to help the gangs’ cause: jobs will dry up, poverty will increase and the government’s ability to provide basic welfare and social services will be tested, making a life of crime all the more attractive and rewarding.
Nevertheless, even before the current economic downturn, right-wing political leaders in Eastern Europe resorted to Roma-bashing in order to win support on the cheap.
Unless governments get ahead of the problem, we risk a severe worldwide
downturn
unlike anything we have seen since the 1930’s.
With the global financial crisis and the sudden economic downturn, two things are becoming clear.
The answer, as in every downturn, is that monetary and fiscal policy will determine the course of events.
The Anti-History BoysBERKELEY – If you asked a modern economic historian like me why the world is currently in the grips of a financial crisis and a deep economic downturn, I would tell you that this is the latest episode in a long history of similar bubbles, crashes, crises, and recessions that date back at least to the canal-building bubble of the early 1820’s, the 1825-1826 failure of Pole, Thornton ampamp;Co, and the subsequent first industrial recession in Britain.
Three months ago, I argued that all but a tiny and unbalanced fringe of economists approve of expansionary open-market operations to keep total nominal spending constant in a downturn, and I was right.
And, as the recent impasse in the US demonstrates, political minorities with effective veto power can abuse statutory ceilings in an economic downturn, when dependence on external debt finance increases.
But, with the real-estate sector finally facing a downturn, the time to rethink this investment strategy has arrived.
Some of these reductions were implemented to fight what was seen four years ago as a temporary
downturn.
But every
downturn
comes to an end.
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