But, Volpon points out, internal demand was boosted by easy monetary and fiscal policy.
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Gone are the 10 percent growth days fueled by easy money and rabid commodity demand.
Those who see higher prices said gold remains underpinned by easy monetary policy from global central banks.
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The savings-and-loans mess in America, for instance, was prolonged by easy accounting rules that allowed overly optimistic estimates of the industry's solvency.
Housing prices in Phoenix, spurred in part by easy lending, are up 57% in the past two years, knocking it off our Top 10.
The trigger for the recent crash was very different: The reversal in fortunes came when demand, fueled by easy money and rampant speculation, collapsed.
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Most would agree paying Angelo Mozilo hundreds of millions as he was leading Countrywide to results created by easy credit and lax standards is wrong.
Housing prices in Phoenix, Arizona spurred in part by easy lending, are up 57% in the past two years, knocking it off our Top 10.
In other words, a historically low stock market in an adverse economic policy environment temporarily propped up by easy money can still be a bubble.
Housing costs have been fuelled by easy credit thanks to ultralow interest rates that policymakers can't raise because the currency is pegged to the dollar.
What is needed is fiscal austerity (slowly) before debt spirals out of control, offset by easy money or real QE for as long as it takes.
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Mara Goldstein, pharmaceuticals analyst at CIBC World Markets, notes that although the quarter was strong, it was helped by easy comparisons to an unimpressive quarter a year ago.
For several years, growth in India's car market had outpaced those in Western Europe and the U.S., helped by easy availability of low-cost loans and rising personal incomes.
For example, a retraining program just for toll collectors who are being placed out of work by Easy Pass, or American radiologists who are losing their jobs to outsourcing?
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Drawn in by easy-to-digest prices and a traditional take on fish and chips, cabbies are known to queue up here for thick slices of fresh cod, fried skin-on in beef fat.
Baths run by remote control and showers with complicated functions are falling out of favor, replaced by easy, sleek designs that would look just as at home in the living room.
It can be accomplished by easy-to-use content creation tools.
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The drugmaker, which is based in the UK and actually best known for household cleaning products, expressed concern that children could be accidentally harmed by easy access to tablets that are marketed in bottles.
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Tilda Swinton stars as Eva Khatchadourian, a former travel writer now relegated to clerical work, whose recollections, triggered by easy visual rhymes, dose out snippets of a past that she remembers fully and painfully.
In addition to the character-based selection, "Just for Kids" displays rows of TV shows and movies organized by easy-to-understand genres such as superheroes, princesses, dinosaurs and girl power, featuring clear and simple descriptions of the plot of each title.
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Well, here it means that GE patents will be available in a database hosted by Quirky for easy browsing by inventors.
In an iconic, mobile world, consumers will measure all brands by the easy, effortless way they offer solutions.
Monsanto is about patents, but particularly about cutting-edge technologies and products that are by nature easy to copy.
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Google is hoping to make it a little simpler by providing easy-to-see nutrition info for more than 1, 000 foods.
Attracted by this easy money, says Mr Strascheg, German property developers have been busily turning themselves into venture capitalists.
Venter's transplanting trick was another wow moment at his 500-person gene machine, which goes by an easy-to-remember name, the J.
Other companies have also prospered by providing easy-to-use products: think of the Nintendo Wii video-games console or the Flip video camera.
Through those years the economy has been fueled by extreme easy money policies, record low interest rates, and massive government fiscal and monetary stimulus.
The past three years the commodity markets, including precious metals, have been boosted by the easy money policy of the U.S. Federal Reserve and other major central banks of the world.
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