The past several recessions we have had have been the result of specific market collapses combined with a financial sector collapse.
After watching their financial sector collapse because of their exposure to the restructuring of the Greek banking system, Cyprus proposed the rescue package last year, but have been unable to negotiate a final deal, despite launching a round of spending and state salary cuts under the outgoing government.
In 2006, just before the banking sector went into collapse, she quit.
Earlier this year Cyprus agreed a 10bn euro bailout with the EU and the International Monetary Fund (IMF) after its banking sector faced near collapse.
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Sceptics argue that much of this investment, especially in China, is in the export sector and so will collapse as sales to America weaken.
Such moves should help revive overall credit in a banking sector dogged by fears of collapse.
The Keynesian story goes like this- if there is collapse in private sector demand due to a failure of business confidence or some other economic shock, then rather than suffer unemployment and all the other negative consequences of recession it is possible for government through public spending to replace the lost demand and steer the economy back to full employment.
The Celtic Tiger stumbled after Ireland's banking crisis and the collapse of its construction sector.
But following a collapse in its banking sector, the country fell on hard times.
Ruppert has also had several of his predictions come true, including the collapse of the financial sector due to trading Mortgage Backed Securities.
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Spain, like Ireland and Latvia, has been hit hard by unemployment because of the collapse of the construction sector, which has yet to see any clear signs of recovery.
It would prove to be the worst affected of the Asian tigers with a near 80% exchange rate collapse bankrupting the corporate sector which had borrowed heavily in dollars.
He was elected in the midst of the worst recession since the Great Depression, the terrible job losses, the shrinking of the economy, the potential collapse of the financial sector.
The cross-selling at Wells ensures that it is not highly dependent on any single product and its geographic reach reduces the risk from a local recession or the collapse of an industrial sector.
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And it does go specifically to the point of Wall Street in the sense that actions were obviously taken by the previous administration and this one to ensure that the financial sector in this country did not collapse.
It is most unfortunate that a minority of the U.S. Senate continues to oppose implementation of Wall Street reform that was designed entirely to protect the American taxpayer from the kind of crisis that we saw engendered by the collapse of our financial sector in 2007 and 2008.
The collapse of the financial sector could cost the country up to 18% of GDP while a shortage of credit will damage the rest of the economy, creating fresh losses for banks and raising doubts about debt sustainability even if a deal with the euro zone is agreed.
The company's collapse followed disappointment in the sector as the coalition government at Westminster cancelled planned tax breaks for the industry.
In some ways, as frustrating as the financial sector has been here in the United States after the Lehmans collapse, the aggressive actions that were taken right after Lehmans did help us to strengthen the financial sector and the banking sector in ways that Europe did not fully go through.
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That collectively weakened the balance sheet of the U.S. corporate sector and was among the reasons the market collapse hit the economy so hard.
Seventy percent overall and 75% of independents agreed that banks should not be allowed to be so big that their collapse threatens the rest of financial sector.
The Lehman collapse did help clean up the financial sector, but not the government.
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He started a five year fixed-term contract as Hampshire's top officer in 2008, just days before the banking collapse led to a squeeze in public sector finances.
I've proposed a modest fee on the nation's largest banks and financial institutions to fully recover for taxpayers' money that they provided to the financial sector when it was teetering on the brink of collapse.
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There is a general consensus that the housing sector truly and finally has seen a bottom after the collapse in the wake of the 2008 financial crisis.
Parmalat's collapse also destabilised Italy's fragile banking sector and left the reputation of the country as a wise place in which to invest more than a little dented.
That company, an umbrella for holdings in the Internet sector, had just gone through the wrenching dot-com collapse.
In Dallas the telecom collapse has killed most of the angel groups in that sector.
Ireland's banking sector has been badly hit by the international financial turmoil, the collapse of a domestic property bubble and a deep recession in the former "Celtic Tiger" economy.
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But Oshkosh made the same kind of mistake that many other well-run companies made at the height of the sub-prime housing boom, buying deep into the construction equipment sector at the top of the market and then suffering a staggering collapse in demand that impaired its capacity to meet debt obligations.
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