Exact(35)
Although these relationships/networks were all studied separately, the interdependencies among them and the resulting systemic behaviors of this global financial system have rarely been investigated, making them very hard to predict, especially in extreme financial scenarios like the 2008 financial tsunami in which historical data is very limited.
Financial scares tend to arrive every decade or so, and the American economy and financial system have always bounced back, confounding the skeptics — although in some of those crises there were more than a few financial fatalities.
Crucial parts of the financial system have stopped functioning.
But doubts about the financial system have resurfaced with vehemence.
And checks-and-balances in the financial system have been working better.
"Risks to the stability of the E.U. financial system have increased considerably," the panel said.
Similar(25)
One reason is that many firms now think systemic risk in the financial system has fallen to a low level.
"And the financial system has been damaged.
The financial system had frozen up.
"The financial system has stabilized," he said.
"The financial system has failed".
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