We'd gone through almost a decade in which job growth had been sluggish, incomes had declined, costs were going up -- all culminating in the financial system coming close to a breakdown.
WHITEHOUSE: President Obama Speaks at the National Urban League Convention | The White House
Now, the reason why I raise this, even though Mr. Jordan will be confirmed, is that it is so indicative of a breakdown in the system when a nominee as highly qualified as he is, with bipartisan support as he has, who's reported out of committee unanimously, still faces filibusters.
Now, while a number of factors led to such a severe recession, the primary cause was a breakdown in our financial system.
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Scientists thought it was a skin disease, but in the mid-1980s they realized it is caused by a breakdown in the immune system.
Either in fear or in hope, many Greeks detect a breakdown of a political system, over a century old, in which two political groups (notionally of the centre-left and the centre-right, but both given to patronage and graft) progressively exhaust the national exchequer by outbidding each other.
The breakdown of the electronic vote system has meant less than half of preliminary results were released.
Glaxo has been funneling cash back to the U.K. daily from banks in euro-zone countries as part of its strategy to reduce exposure to risks of a possible breakdown of the European monetary system.
"Piracy is a symptom of the breakdown of Somalia's political system, " said economist and lead author of the report Quy-Toan Do.
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Another issue of concern was the breakdown which led to the umpiring Decision Review System (DRS) being scrapped for this series.
Careful study of when and where cancellations are most likely, and adjusting spare aircraft availability to keep flights moving if there is a breakdown helped, as did a rebuilt baggage system at its Atlanta hub to reduce lost luggage.
To a large extent this reflected the shocking growth in alcoholism and binge drinking, and to a lesser extent it reflected a genuine society-wide sense of malaise and hopelessness and a breakdown in the basic functionality of the public health system.
The breakdown of the gold-based Bretton Woods international monetary system during 1968-71 signaled to Mundell that severe trouble was ahead.
Among many other things, the Lehman bankruptcy symbolized the breakdown of an overly complex, fragmented, opaque, unwieldy and ungovernable financial system.
The country's telecoms system collapsed last year, leading to a period of looting and rioting and the complete breakdown of government services.
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