Search results
Results from the WOW.Com Content Network
During the global financial crisis, the distribution of economic effect across sectors was extremely varied, with EU manufacturing suffering the worst decrease – over 20% in the first quarter of 2009. The decrease in other sectors was relatively limited, at around or below 6%. [41]
The reasons AT&T gave for the cancellation was to invest the money into its networks and in taking care of its employees during the pandemic. [71] In response to the economic damage caused by the pandemic, some economists have advocated for financial support from the government for individual Americans and for banks and businesses.
Ritenour states that Krugman "overlooks the 'catalyst' of economic panic in the Latin and Asian crisis", the rapid increase in money supply and inflation. [3] Krugman's recommendation to incorporate behavioural economics into new models is not novel. [6]
Inside Job is a 2010 American documentary film, directed by Charles Ferguson, about the 2007–2008 financial crisis.Ferguson, who began researching in 2008, [3] said the film is about "the systemic corruption of the United States by the financial services industry and the consequences of that systemic corruption", [4] amongst them conflicts of interest of academic research, which led to ...
Since businesses make money and money leads to political power, business will inevitably use their power to influence governments. Much of the impetus behind campaign finance reform in the United States and in other countries is an attempt to prevent economic power being used to take political power. [51]
Speculative borrowing in residential real estate has been cited as a contributing factor to the subprime mortgage crisis. [84] During 2006, 22% of homes purchased (1.65 million units) were for investment purposes, with an additional 14% (1.07 million units) purchased as vacation homes. During 2005, these figures were 28% and 12%, respectively.
By Tim Murphy Some people get lucky (or are really good) and land a job early on in their job search. Others are sentenced to a long, drawn-out affair that involves dozens if not hundreds of ...
The TED spread, an indicator of perceived credit risk in the general economy, increased significantly during the financial crisis. It spiked up in July 2007, remained volatile for a year, then spiked even higher in September 2008, reaching a record 4.65% on October 10, 2008.