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A protracted process of financial gridlock while we await the outcomes of millions of possible bankruptcy cases would be a nightmare for the housing and mortgage markets, as it would prevent desirable house sales, destroy market liquidity and add huge uncertainty to consumer and bank finances.
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In an era of political gridlock, financial shenanigans of all sorts, stubbornly high unemployment, decaying infrastructures, skyrocketing health care, food, education and energy costs, It's again time to stop watching and talking.
A FUNNY thing happened on the way to $4-a-gallon 4-a-gallon 4-a-gallonse and gasdlocked city trafinancial
This vision was never realized: financial strain and political gridlock stalled construction almost completely during the nineteenth century.
They would be paid back, with interest, but the state's precarious financial condition and legislative gridlock might be making some bankers nervous.
An outright federal government default -- likely because an undersubscribed auction prevents redemption of maturing debt obligations - could gridlock the financial markets, spike interest rates across the board, and send households and small businesses to the brink of disaster.
Quite quickly in Obama's first term as president, therefore, it was not just the financial system that was gridlocked.
He inherited a financial system that was gridlocked, a housing market in free-fall, and an economy sliding rapidly into recession.
We're in a cul de sac, and heading for gridlock in the financial system".
But global capital does not solve big world issues: debt and financial crisis, political paralysis or gridlock, the transformative effects of the digital revolution, climate change, resource shortages, shifting demographics.
Japan hopes to break this gridlock with new financial tools, imported from America's sophisticated capital markets.One much-trumpeted development is the arrival of commercial mortgage-backed securities (CMBS), bonds serviced out of the proceeds of property loans, and secured on the value of commercial property and the rent that it produces.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com