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crash wagon English

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crash wagon English » English

emergency ambulance crash truck crash ambulance ambulance

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News and current affairs

Any train accident or airplane crash is now at first suspected of being an act of terrorism.
The state of economic knowledge was just as bad in the Great Depression that followed the 1929 stock market crash.
On at least two occasions in 1998, bad news could have set off a crash in American stock prices and an economic recession.
The financial crash introduced hard budget constraints on Russian enterprises; they realized they had to make money, prompting rapid monetization.
Indeed, economists failed to forecast most of the major crises in the last century, including the severe 1920-21 slump, the 1980-82 back-to-back recessions, and the worst of them all, the Great Depression after the 1929 stock-market crash.
That is pretty much how most people reacted to the stories about bankers' bonuses, when the great crash of 2007-2008 wiped out banks, businesses, shareholders' savings, growth, and jobs.
While a distraught world is still trying to fathom the consequences of this global crash and to mitigate its impact, the call of the next black swan can already be heard: the global climate disaster.
He appears to have been worried, like the manager of a Ponzi scheme, that any hint of doubt could cause the whole movement to crash.
There were no protective mechanisms to prevent a global liquidity glut from developing, and then, in combination with US regulatory failings, from producing a spectacular housing boom and crash.
One could criticize the Chinese regulator on the grounds that the effect of its moves to increase margin requirements did not last long; or one could criticize it on the grounds that its moves caused the recent crash.
That moment, I realized, was more than just a plane crash.
Once portfolio investors start selling their dollar-denominated securities, a stampede will follow, causing the dollar's value to crash and triggering the first major global financial crisis of the twenty-first century.
From here it is but a short step to proclaiming that the American model cannot work in Europe because it is socially reprehensible and, in any case, poised to crash any day now.
Not only did America's bubble crash, but also it now appears that much of the US economic miracle of the 1990s never happened.
With household wealth seriously damaged by the housing crash and other asset-price declines, pensions and retirement provisions are in disarray.
Countries that had been growing rapidly in the run-up to the great crash of 2008 typically had trade surpluses (or very small deficits).
Unlicensed drivers, he found, are nearly five times more likely to be in a fatal crash.
Then, because this is a soap opera, Song suddenly dies in a car crash, just as he is rushing to the hospital - while being chased by corruption investigators! - to check on his sweetheart and their unborn baby boy.
So, with the bond market appearing ripe for a dramatic correction, many are wondering whether a crash could drag down markets for other long-term assets, such as housing and equities.
But it probably will have little to do with a bond-market crash.
But so would a scenario in which a sudden bond-market crash drags down prices of stocks and housing.
An intense crash course lasting four weeks followed, enough to instruct them in their new jobs.
There is an old joke about two men who are trapped by a lion in the jungle after a plane crash.
So, despite all the handwringing over a Chinese crash, the rapid shift toward a services-based economy is tempering downside pressures in the old manufacturing-based economy.
To illustrate his argument, Benedict noted that the international financial crash, partly a consequence of insatiable greed, had provoked debate about the need for an ethical basis for economic behavior.
Brown, who became prime minister in 2007, let spending and borrowing rip, so that when the global crash hit Britain was already suffering from a structural fiscal deficit and a credit bubble.

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