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Bond prices turned down — and yields up — in the spring of 1946.
Not only have international commodity prices turned down decisively, but America's state of near-recession means that it will be hard for workers to secure wage rises that match, let alone exceed, the inflation rate.
Meanwhile, in the decade before the crash, low-income families, whose stagnant wages were being eaten away by inflation, borrowed from the banks to maintain their standard of living, and were left vulnerable when house prices turned down and lending dried up.
Similar(57)
Fewer are offering "plain-vanilla" options, and more are demanding hurdles that link them to the firm's performance.The real crunch will come, though, when share prices turn down.
There is a well known story of Cedric Price turning down a commission to design a house for a married couple, on the grounds that a divorce would be more useful.
Recently, however, meat prices have turned down.
Prices actually turned down for a brief period in 1998, causing worries about Japanese-style deflation.
It bought shares at a price that valued Yelp at $475 million, just shy of the price it reportedly turned down from Google.
Now the BBC reports that they have sold it privately for the price they had turned down at the auction.
Then, he said, when he tried to buy another apartment for himself at the discount price, he was turned down.
Five hundred and fifty million dollars Over half a billion dollars; the price that Yelp turned down when they walked away from selling to Google.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com