How Inequality Fueled the Crisis

It's already fueled conflicts in Chad and Darfur.

that is fueled from a tremendously hot fountain,

that is fueled from a tremendously hot fountain,

It is the fire of Allah, eternally fueled,

But all that belief had fueled me so long.

Their images fueled resistance to the war and to racism.

Now that same idea fueled the commercial food industry as well.

So fueled by that ambition, he returned to the state legislature.

Stars are fueled by how the nuclei in those atoms react together.

Secondly, and just as important, innovation has always been fueled by tinkerers.

And all of this has fueled an increase, very smooth and predictable, of productivity.

These are also, these tar fueled protocells, are also able to locate resources in their environment.

In 2008, it was a combination of exploding asset prices and excessive household sector leverage that fueled the global financial crisis. When such a debt fueled bubble bursts, its effects are transmitted directly to the real economy via household sector balance sheets, with the reduction in consumption contributing to a decline in employment and private investment.

The inherent energy of this force should not be neglected, as it is fueled by the struggle to survive.

They have fueled tensions among member states. Perhaps most important, they have undermined the basis on which political union rests namely, persuading European Union citizens to identify with the European idea.

Cheap external finance, plentiful capital inflows, and commodity booms helped hide many such shortcomings and fueled 15 years of emerging market growth.

Concerns in the EU over energy security, fueled by increasing dependence on Russia, have never been greater. Together with the Russian authorities expropriation of oil company Yukos, foreigners have been squeezed out of Russia s energy extraction sector.

In the US and many Latin American countries, slaveholding fueled mass violence as well. The slaves and generations of their descendants were routinely murdered.

Many commentators, indeed, were stunned by the rapidity with which tensions returned to the international system. While many blame US behavior, these tensions have in fact been fueled by the unfolding of a new logic in international politics.

Putin s military build up and modernization of the past decade was also fueled by energy exports. But Russia s latest energy windfall has masked Putin s incompetent economic management, with growth and government revenues now entirely reliant on the hydrocarbons sector.

We've gone from 30 dollars to 130 dollars in constant dollars in the value of an average hour of human labor, fueled by this information technology.

Although the Federal Reserve kept interest rates low for a protracted period, the corporate sector did not increase its investment. The recovery was ultimately fueled by so called subprime mortgages home purchase loans extended to borrowers with lower credit ratings.

India ran a current account surplus while the Romans complained about the loss of gold, yet the system endured. Similarly, the first Bretton Woods system was sustained with European capital, and Bretton Woods 2 was fueled by Asian capital, with the US providing the deficits in both cases.

The growth miracle of an ascendant Japanese economy was premised on an unsustainable suppression of the yen. When Europe and the United States challenged this mercantilist approach with the 1985 Plaza Accord, the Bank of Japan countered with aggressive monetary easing that fueled massive asset and credit bubbles.

China has also benefited from rapid employment growth, with more than seven million workers having entered the workforce each year since 1990. This, together with the massive reallocation of workers from rural to urban areas, has supported the labor intensive manufacturing industries that have fueled China s economic rise.

There was a kind of vodka fueled pay dispute between the helicopter pilots and the people that owned the helicopter, so we were stuck. We couldn't move.

As Hannah Arendt pointed out six decades ago, the rise of anti Semitism fueled Europe s descent into totalitarianism. With right wing extremist and populist nbsp movements gaining traction in many countries, Europe s political system and the values that underpin it is at risk.

Elsewhere, populist anti European parties of the right have been gaining ground with campaigns directed against immigrants and minorities, especially Muslims. This has fueled concern that the populist bloc will be the largest in the European Parliament after next year s EU wide election.

Huge tax cuts and rising military spending have fueled an enormous rise in imports, and therefore a yawning trade deficit now accompanies America s weak fiscal position. But US politicians are blaming China and other countries for unfair trade, even threatening them with sanctions.

The February 27 decline began with an 8.8 one day drop in the Shanghai Composite, following news that the Chinese government might tax capital gains more aggressively. This news should have been relevant only to China, but the drop there fueled declines worldwide.

If governments fail to respond to these basic demands, citizens take to the streets, often destructively. This summer in Guinea, for example, citizens frustration with widespread poverty and weak institutions, memories of ethnic persecution, and distrust of unfamiliar democratic processes fueled violent protests.

In the industrial countries, expansionary budgets, coupled with low interest rates and elevated asset prices, has led to consumption or credit fueled growth, particularly in Anglo Saxon countries. Government savings have fallen, especially in the United States and Japan, and household savings have virtually disappeared in some countries with housing booms.

But the US and its allies quickly rejected the agreement as an Iranian ploy designed to halt the growing momentum for additional sanctions. Turkey s insistence on pressing ahead with the deal caused tension with the US and fueled criticism at home and abroad that Erdoğan s government was shifting away from its long standing alliance with the West.

For the past decade, booming oil prices have spurred economic expansion, with only a short break following the financial crisis of 2008. Yet stumbling oil export performance and a sharp rise in infrastructure related imports, combined with an explosive growth in public spending, have fueled consistently high levels of inflation, with the annual rate now at more than 20 .

This is a sort of free democratic spirit that operates outside the convention that elections decide the government. It is fueled enormously by social media (itself a revolutionary phenomenon).

NEW DELHI Japan s nuclear disaster has fueled fear and uncertainty among all of the world s producers of nuclear power. For India, an energy starved country, much is at stake.

These changes have transformed not only the traditional structures of power, but also the leitmotif of NAM and the fate of its members. Globalization has fueled ever widening disparities among its members just compare Colombia with Afghanistan, or Chile with Sudan that make it difficult to transform sheer numbers into coherent influence.

But China s balance sheet has served it well, enabling the extraordinarily high rates of investment that have fueled rapid growth. Meanwhile, many advanced economies have suffered considerably from their balance sheet composition, with limited, poorly measured assets and outsize debt and non debt liabilities.

In Ukraine, for example, the conflict has both exposed and widened the fissure between Russia and the West. Post Soviet Russia s struggle to integrate into the international order, together with its rejection of modernization, has fueled a revisionist nationalism based on spheres of influence.

DAVOS As Arab regimes struggle with demonstrations fueled by Twitter and Al Jazeera, and American diplomats try to understand the impact of WikiLeaks, it is clear that this global information age will require a more sophisticated understanding of how power works in world politics.

China responded to the 2009 global slowdown with dramatic fiscal and monetary stimulus, which fueled a rapid investment led recovery at home and throughout Asia. Investment, mainly by local governments and state owned companies with easy access to bank financing, soared to more than 45 of GDP, and, consistent with China s long run urbanization strategy, was concentrated in infrastructure and property development projects.

A complete collapse, fueled by efforts to impose a political solution by military means, would most likely lead to catastrophic consequences for decades to come, with Turkey among the worst affected. So Turkey s new administration should be ready to engage in a constructive dialogue, together with the United States and Iran, on possible solutions.

Growing environmental awareness and food safety concerns among consumers and large purchasers (such as supermarket chains and government procurement) have fueled rapid growth of organic agriculture (OA) markets in recent years.

The trend has been fueled by the country apos s increasingly tight economy, which makes it virtually imperative for a family to have an income to supplement that of the husband.