Financial imbalances, highlighted by harsh economic trends as well as the failure of any consistent European-wide tax policy to emerge, have spelled the ruin of other trans-European mergers begun around the same time.
Global financial imbalances ballooned.
Ever-bigger financial imbalances could thus build up.
Cheap credit, in turn, encouraged the development of speculative bubbles and other financial imbalances.
Inflation will climb higher and financial imbalances will widen, running the risk of a hard landing.
Yet financial imbalances have been building for years, so they are unlikely to be resolved overnight.
It is building enormous financial imbalances by adding to China's huge pile of dollar reserves.
It is also because slower growth exposes all sorts of economic and financial imbalances.
But a gentle slowdown will not do much to reduce the economy's financial imbalances.
THE world currently displays an alarming number of large economic and financial imbalances.
"These include some ongoing buildup of financial imbalances and rising asset prices".
