Word: bursting
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...much it would cost, would cost a lot of money. And I actually personally paid for the study to determine if and how private citizens could fly, with the full intention of actually being the first private citizen to fly. However, that's also when the Internet stock bubble burst, and unfortunately for me that meant my ability to pay for that first space flight disappeared, and so we sold my seat to Dennis Tito...
...been obvious for years that real estate was a bubble ready to burst. Politicians and government officials deserve the pounding they are getting for failure to take action sooner. Of course, there weren't a lot of warnings that houses were becoming too valuable (or calls for greater regulation of anything) from the politicians and commentators who are now so indignant. What was not so obvious was the ability of real estate, which has always had a slightly rakish air, to drag even the most respectable and conservative parts of the economy down with it. Other problem areas, like Social...
...Sweden's financial crisis in the early 1990s stemmed from a 1985 deregulation of credit markets, which set the stage for overexpansion and bubbles in the real estate and finance markets. When those bubbles burst in the early 1990s, Sweden's currency crumbled and interest rates spiked to 500% overnight. Of the country's seven biggest banks, five needed either government bailouts or big injections of money from shareholders. The value of the country's real estate market plunged 50-60% in 18 months. "The whole Swedish banking system was off-balance," Lundgren recalls...
...billions of dollars worth of bad assets - raising taxes to pay for the program - as citizens seethe. That's the U.S., today. But the prequel to Nightmare on Wall Street occurred more than a decade ago in Japan, when epic real estate and stock-market bubbles burst - making it all the more remarkable that some of the international companies now prowling for bargains among the remains of battered U.S financial institutions are based in Tokyo...
...first victory and a potential momentum-builder for a packed slate of non-conference matchups, but also as Baskind’s coming-out party at Ohiri Field. She assisted on Wylie’s goal just 10 minutes into the game, but was just getting started. With a burst of speed that left Wildcat defenders in the dust, she set up a beautiful shot from the left side that found net and gave the Crimson a 2-0 first-half advantage. Just like that, Harvard’s newest star was born. “She has such tenacity...