In tiny Qatar, the overall market cap (including the value of untraded government companies) is nearly five times GDP, even after a crash in April that slashed values by 20%.Nomura, a Japanese securities firm, says it all looks eerily like the NASDAQ bubble of the late 1990s.
Home sellers in Vegas gambled with higher list prices only a short time, slashing values after 54 days on average, with the likelihood of a second chop at 48%.
The disclosure of fire-sale prices could force them to slash carrying values on their own books.
The Basel 2 international bank-capital regime and the global accounting standards known as IFRS to say nothing of security analysts and rating agencies are forcing banks to hoard more capital, anticipating that deepening recession will slash asset values further.
The collapse of that boom, which now threatens to slash the values of these gleaming office towers and destroy the savings of millions, may pose almost as great a threat to Britain's banking system as the subprime crisis that has been roiling financial markets since late in 2007.Bubbles are most easily seen with hindsight, but this one was in plain view even as it inflated.
Disappointing earnings helped slash the value of the company.
Since then, BT has been forced to slash the value of Global Services by £340m.
Why would reducing revenue by $1 billion in a company expected to post revenue of $43 billion next year slash its value nearly in half?
They got elected promising to slash the value-added tax, which contributes nearly a third of the government's tax revenues, and to loosen fiscal policy.
Removing that excess would slash the value of housing assets by £700 billion.A recent pick-up in house-price inflation magnifies the potential for a damaging crash.
Just as bad, a sharp global slowdown would slash the value of the kingdom's hundreds of billions of dollars in overseas holdings.
