The removal of loan quota limits once the global recession hit may have unleashed a torrent of relaxed underwriting standards that will not be visible until the next downturn.

全球衰退来袭之际取消贷款配额限制，可能形成了宽松贷款标准的急流，要到下一场衰退出现时才能显现出来。

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While the business prospered during the first few years, once the recession hit, P2P, based in Phoenix, Maryland, saw its revenues cut in half.

FORBES: Providing Security -- For Both War and Peace

Like the city's other prestigious projects - the ballpark, a sports stadium and hotels - what once must have seemed like smart regeneration turned out to be a pointless burden as the recession hit home.

BBC: Debt and defiance in bankrupt Stockton, California