There are two main reasons why the NHS is going to find it difficult to cope with belt-tightening: demand for services will continue to rise in line with our expectations and an ageing population; and it has got used to significant year-on-year real term increases.
In turn, the credit market has tightened demand for mortgages and CDOs have plunged as buyers have had a harder time getting credit.
Despite a fall in gasoline demand in the United States and Europe, global oil markets are tightening because demand for energy from Asian countries, particularly China and India, is rising at surprisingly strong rates even as output is declining from several important producing countries.
As renewable energies are increasingly sought and environmental regulations are tightened, the demand for solar energy proportionately increases.
After discovering the country's deficit and debt to be three times bigger than previously thought, he has presided over a government on a rollercoaster, lurching from crisis to crisis as markets sent borrowing costs soaring, bankruptcy beckoned, bailouts were drawn up and protests swelled in reaction to the relentless belt-tightening demanded in return for EU and IMF aid.
Manufacturers of machine tools face worldwide competition which is tightened by demands for total cost of ownership (TCO) contracts, requiring a guarantee of a certain availability of their products.
Revenues have dropped as a result of the successive waves of belt-tightening demanded by the EU and IMF in return for rescue loans.
But those supplies are tightening just as the demand for clean-burning gas is soaring.
This gave OFS firms space to grow.They grew even faster in the early 1990s, when a tightening oil market drove demand for new technology.
Driven by tightening air pollution regulations, demand for low-sulfur coal is now booming beyond anyone's wildest dreams; one section of the line has become the first stretch of rail in history to support more than one billion kilograms a day.
