Word: financees
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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...
Within several years, Sweden succeeded in getting its economy back on course. Growth has been as robust as in any country in western Europe in recent years and its banks have helped finance the economic boom in the Baltics and points east. Whether its approach could work in the far...
If only you were Swiss, Fitz. This plan would rob me, and my rival No-Child-Left-Behind babies, of the last concrete and objective number we had to work toward in our endless upward crawl toward your door. Now we have to “focus on our subjects...
The Undergraduate Council and the College dean’s office announced yesterday the creation of a new Student Life Fund of nearly $75,000, which will go to student group travel and House formals. With the new grants, undergraduate student organizations and House Committees will now have access to...
All of this, however, will not be enough to blow out the deal, because the consequences of a collapse in the so-called shadow banking system would be much worse. Over the last 20 years Wall Street built what amounted to a parallel finance system that was specifically designed to...