The sub-prime crisis constitutes the most glaring example of this schizophrenic behavior, and our collective inability to understand or refrain it.
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Defense was a stronger contributor to sales during the sub-prime crisis, when demand for jetliners weakened while military demand was at a peak.
Cunningham notes a similar decline in the number of debtors who reached out to credit counselors during the worst days following the sub-prime crisis.
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Then there is the sub prime crisis that was taking shape.
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Instead, the main impact on Asia of the US sub-prime crisis has been a growth in uncertainty, the World Bank said in its six monthly regional assessment.
Investors have been selling off riskier holdings, including debt issued by companies, as worries grow about the number of firms that have been impacted in the US sub-prime crisis.
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It was as if the credit crunch and the sub-prime crisis had been left firmly at the elegant auction house door, along with dogs, muddy gumboots and maxed-out credit cards.
Three years ago, the sub-prime mortgage crisis was about to burst into a full-blown economic disaster for the United States.
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The global economic downturn, the sub-prime mortgage crisis, investment bank failures, falling home prices, and tight credit pushed the United States into a recession by mid-2008.
The sub-prime mortgage crisis led to a global credit crisis, and fear (as measured by the VIX) spiked to record-high levels as the stock market collapsed.
Professor Siegel counters this assertion by noting that the 10-year look-back contains a skew in earnings data associated with the financial sector during the sub-prime mortgage crisis.
Our correspondent says the main example is banking giant UBS, which wrote off billions in the wake of the 2007 sub-prime mortgage crisis, and then had to be bailed out by the Swiss government.
However, Schwab said that because the U.S. sub-prime mortgage crisis that heralded the recent economic downturn, was one of a slew of factors driving market turmoil, the World Economic Forum was ideally placed to push discussion forward.
Woods, with his three victories this year, is the clear favorite to win his 15th major and his first since 2008, but he'll need to close strong like he always did in his pre-crisis prime.
During last year's health service crisis both Prime Minister Tony Blair and Mr Hague visited hospitals recently - something Miss Widdecombe has apparently been doing it for years.
Speaking after emergency talks with European leaders in Brussels on the eurozone crisis, Prime Minister David Cameron reiterated his view that it was not the "right time" to legislate for an in-out referendum.
Meanwhile, Mr Sarkozy has been discussing the eurozone crisis with UK Prime Minister David Cameron in Paris.
Commenting on the current eurozone crisis, UK Prime Minister David Cameron said that eurozone leaders "must act now".
Naoto Kan, then prime minister, had a crisis headquarters on the fifth floor of the Kantei, his office building.
Instead the situation is that despite all the claims of the Prime Minister the global economic crisis has hit Italy hard.
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But there's another reason the Fed did right in this instance: It was a prime culprit in creating the crisis in the first place.
When one compares Olmert's management of the current crisis with former prime minister Ariel Sharon's management of Operation Defensive Shield in April 2002, the fact that this operation is not serious becomes manifestly clear.
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Inevitably, the present crisis has encouraged the prime minister's instinct for detaching himself from the fray of party politics.
Even today, after two years of crisis, the Spanish prime minister is struggling to clean up Spain's public finances.
In September 1998 Malaysia drew widespread criticism overseas for slapping on currency controls in response to the crisis, which the prime minster, Mahathir Mohamad, blamed on a western conspiracy.
His call for a renegotiated relationship with Europe and a referendum reflect the views of many Tories who want the prime minister to use the eurozone crisis to seize back powers.
Late Sunday night, Turkish Prime Minister Recep Tayyip Erdogan emerged from crisis talks with his top generals and called for calm.
In the past year the crisis has brought down the prime ministers of Ireland and Portugal after they needed to be bailed out.
The EU's foreign policy chief, Javier Solana, said the EU would continue to work for a political end to the crisis, while the Finnish Prime Minister, Paavo Lipponen, spoke of possible financial and political pressure on Russia.
The violence comes at a time of deep political crisis in Iraq, with Prime Minister Nouri Maliki sharply at odds with a range of political forces, including the Kurds, most of the Sunni groups, and many factions within his own Shia community.
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