If the E.C.B. now reverts to orthodoxy too soon or too abruptly, it could trigger another wave of market panic and instability.
Even so, if big countries like France and Germany lose their sterling credit scores, that would produce a fresh wave of instability.
Three years after a currency crisis erupted in Thailand and hopscotched across Asia, a new wave of instability is sweeping across the region.
Mr. Biden's comments seemed calculated to reassure allies like Turkey in a region that is worried about a new wave of instability — not just because of Iran's more aggressive behavior but also because of the violence in Syria.
Ever since the Tahrir Square movement began, on January 25 , 2011 Egypt has suffered from waves of instability, and the authorities fear that a trial involving a former President might become the target of protests or terrorist attacks.
Although the ruling is unlikely to still Europe's economic crisis entirely, a rejection could have unleashed new waves of instability and thrown the fitful march toward European integration into question.
It brought down the dictatorship of Mobutu Sese Seko in neighbouring Zaire, the lynchpin of successive US and French governments' destructive policies in Central Africa, and unleashed waves of instability which have threatened to engulf not only the re-named Congo, but also Congo-Brazzaville, Angola, Central African Republic, Zimbabwe, Burundi, Southern Sudan, Uganda, and Rwanda itself.
Unfortunately, the tech shock generates waves of instability that make investors wonder about the bonds.
A closer look at recent waves of instability and insecurity in Turkey reveals that the common denominator is Turkey's security and foreign policies do not reflect the interests of the country.
