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Widespread faith in them encouraged borrowers to take out loans in euro.
Mao, much more than China's leaders today, was the beneficiary of a widespread faith in the wisdom and the noble intentions of the central government.
But since such projects take several years, it is too early to say whether the widespread faith in Gateway's magical powers is justified.There is, then, some evidence that lessons have been learned from the failure of previous IT projects.
Lord Williams of Oystermouth, who stood down as leader of the Church of England in December 2012, said the time of habitual worship was over and that a further decline of widespread faith was likely.
Van Creveld does not quite say so — he is more interested in military strategy than politics — but the widespread faith of the American people and the American political class in air power's potential to win quick victories has been a dangerous delusion, especially when combined with the eagerness of presidents to plan military engagements that will be finished swiftly and with few casualties.
The culprits ranged from a widespread faith in the academic efficient-market hypothesis to the feeble standards at credit rating agencies, which allowed bundles of subprime mortgages to be treated as "investment grade," to regulators and policy makers who did not understand the severity of the situation until it was too late.
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He said the Church of England was failing to capitalise on a widespread "residual faith" in English society.
The most dynamic, and widespread, syncretic faith is the cult of María Lionza, a mythical goddess who is depicted as a naked white woman with flowing hair mounted on a tapir.
Martha Root was to make many trips around the world spreading the Baha'i Faith, which is now the second most widespread religion worldwide after Christianity.
There is widespread opposition to faith schools and spiritual peers in the House of Lords.
Implicitly he laments a widespread loss of faith among artists today.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com