Tens of thousands of small firms have gone bust this year and the unemployment rate has doubled to 6.7%.
Ackman declares, loudly, that MBIA just might go bust this year, and his firm has put money on this forecast by taking a "very large" short position.
Korean Air is not the only South Korean firm with excessive borrowing: the top 30 chaebol have around five times as much debt as equity, and the five conglomerates that went bust this year all had debt-to-equity ratios of more than 400%.
The area had been owned by an American company NRG but it went bust earlier this year.
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But, as the subprime boom ultimately turned to bust, this house of (credit) cards will ultimately collapse.
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Finally, the most critical part of our strategy is to ensure that we do not return to an economic cycle of bubble and bust in this country.
The current monetary inflation that is the Bernanke boom-bust-to-be is already multiples larger than the monetary inflation that produced the tech bust and, at this point in the boom-bust cycle, even larger than the inflationary surge that gave us the housing bust turn Great Recession.
If you're a Tory MP this bust-up is about Labour playing childish games yet again.
If wages are flexible and workers mobile, this bust need not be too bad.
What will make this bust a bigger story in the coming days is something else Burke said at the Nov. 1 news conference.
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"People's confidence in their assets has been damaged" by the financial crisis and housing bust, and this is having a lingering effect on people's spending, said Ethan Harris, an economist at Bank of America Merrill Lynch.
This bust-up was to be about the UK Government's Green Paper - a consultation in other words - on how the proposed cut to the number of Westminster seats in Wales from 40 to 30 should impact on the way AMs are elected in future.
In part this is because Texan banks, hard hit in the last property bust, did not overexpand this time.
Certainly this says bust, but does it say the next Great(er) Recession?
As we discussed HERE , whether this next bust will be a deflationary or inflationary one is yet to be determined, ultimately by the monetary policy of the Federal Reserve.
This firm went bust in 1991, when the market value of its junk-bond portfolio collapsed.
Just how much longer will the downturn in this boom and bust cycle last?
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"I would be very surprised if we didn't see this boom and bust pattern emerging in these areas as well, " she told BBC News.
So far as a stock, Google is a big bust, up just 4 percent this year.
Obviously spending this much time and this many resources to bust people selling dairy products is silly.
Historically low interest rates, combined with real estate prices still depressed from the real estate bust and Great Recession, make this a smart time to buy.
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Companies are more likely to go bust than municipalities (although there are currently brave attempts to prove this untrue) and munis are more likely to go bust than the US Government that issues Treasuries.
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Or to put it another way, if this particular boom and bust turns out to very different from anything experienced in Spain over the past 30 years - and it might just be - then losses for banks could be rather greater than the consultants have estimated.
No state illustrates this pattern of boom, bust and forced boom better than California.
If the Fed is currently distorting the economy this way, then a bust is inevitable.
Sorrell does not expect this sum to contract this year in a recessionary bust.
Under current law, insurers are not allowed to do this unless they have gone bust.
Thanks to strong recent profits, many firms are less geared than they were earlier this decade during the telecoms bust.
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Now, no single step is the silver bullet that will reverse the damage done by the bubble-and-bust cycles that caused our economy into this slide.
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