Sentence examples for asset bust from inspiring English sources

America must counter the rigidities that have arisen after its asset bust.

But China's government has a lot of money to waste.Pessimists compare China to Japan in the 1990s, when a rising economic power, gaining ground on America, suffered an asset bust that has haunted it ever since.

With the exception of Japan, which was dealing with the aftermath of its own earlier asset bust, government debt as a share of GDP was mostly flat or falling.

Greek stocks were higher in 1992 than today: 20 years have been wiped away.Recent performance is actually quite good from a historical perspective: five years on from both Wall Street's 1929 crash and Japan's 1989 asset bust, equities were at just 50% of their peak values in real terms.

When that trade reverses, panicky speculators trying to get out of the assets they bought with borrowed money will create what Roubini calls "the biggest co-ordinated asset bust ever".

Big asset busts are usually followed by years of weakness as the over-borrowed repair their balance-sheets.

Countries which experienced the biggest asset busts, such as America, Britain and Spain, have had the most disappointing recoveries.

With America and other economies in the English-speaking world weakened by their own asset busts, the pace of global growth over the next couple of years will depend heavily on China.

Too often since the 2008 financial crisis investors' hopes for strong and lasting growth have been dashed whether by bad luck (soaring oil prices), bad policy (too much budget austerity too fast) or the painful realisation that recoveries after asset busts are generally weak and fragile.

And in those that have experienced asset price busts, financial sector repair will be essential for a lasting recovery.

It should also reduce asset boom-bust cycles since NGDP targets avoid destablizing responses to supply shocks that often fuel swings in asset prices.