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Duncan Smith cited "massive spikes" in tax credit spending ahead of the 2005 and 2010 elections.
"There will be massive spikes in usage that no network in the world can handle".
Unprecedented long-term monetary stimulus and massive spikes in public-debt burdens have left governments poorly equipped to manage the next economic downturn when – not if – it arrives.
Bratin Sanyal, head of Asian equity investments at ING Investment Management in Hong Kong, said the phenomenon of such massive spikes on the first day of trading was "quite clearly worrying".
Wing Chan, group marketing director at The Hut Group says the company has previously seen "massive spikes" on Singles Day in China and expects to see "at least double" the sales on beauty products compared to last year.
There were also massive spikes for people who until this year the wider public probably did not know anything about.
Similar(51)
The massive spike worried some analysts.
"It's led to a massive spike of interest from all around the world".
Fears of hearing damage were amplified by a reported massive spike in earplug sales.
Within a year the Student Loans Company was dealing with a massive spike in their loans and grant outlay.
But the same period has seen a massive spike in the overall energy used in laundering clothes.
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