financial panic

A WEEK after Dubai World announced its debt standstill, the financial panic seems to have disappeared as quickly as a desert squall.

A year ago, at the height of the financial panic, the world yearned for a profitable and confident financial sector.

While this view proved over optimistic , a few months ago it did seem as if the worst of the financial panic might be ebbing away .

Japan's central bank seems to have stilled talk of financial panic with huge injections of liquidity.

Back in July 2008, shares and commodities were plunging while financial panic led to a rapid strengthening of the dollar.

Central banks have made a start, mainly by unwinding the emergency liquidity facilities with which they fought financial panic.

Then they yanked it out of Germany in response to financial panic.

Never mind that the following year, the United States was plunged into a serious financial panic.

And in a time of financial panic like 2008, stocks were a terrible place to invest.

Policymakers and investors have been obsessed in recent years about the potential for a hedge fund collapse to spread financial panic.

Can you think of another time in American history when there was another financial panic?

Alarmed by the emerging financial panic and an abrupt collapse in exports, Beijing called a halt to the appreciation last July.

That's the kind of contraction you get in a financial panic.

Such concerns are misplaced, tending to confuse a financial panic with a structural economic problem.

Jefferson was burned again when he co-signed notes for a relative who reneged on debts in the financial panic of 1819.

The financial panic is indeed over, as it should be, given the scale of government guarantees.

Measures of business activity and consumer sentiment are returning to levels last seen before the great global financial panic of last fall.

Falls in output during and after the autumn financial panic were bound to overshoot.

What has caused the resurgence in financial panic, in a manner that has apparently left global leaders so scared?

The financial panic of 1873 forced him to sell his New York studio and declare bankruptcy.

Recent falls in emerging-world currencies and stock prices show that financial panic can afflict the periphery too (see article).

Crumbling markets, huge layoffs and widespread financial panic have unleashed a giant wave of creative yearnings.

In a world characterised by growing financial panic, that has to be good news.

He created a financial panic and blamed it on President Jackson. Biddle did this by demanding immediate repayment of loans.

But the European Central Bank, backed by France, feared the measure would lead to a fresh financial panic in the euro's weaker members.

Seventy-nine years ago this week, the New York Stock Exchange experienced the worst financial panic the country had ever seen.

"What we're experiencing now is a good old-fashioned financial panic, " says Jeffrey Kling, an economist at the Brookings Institution.

My own view is that only an exquisite combination of well-timed policies can avoid a financial panic.

Soon afterward, however, a full- fledged financial panic began.

Soon after, financial panic spread to Indonesia and Korea, then to Malaysia.

That bust may not cause the financial panic that rotten home loans did.

And third, the nervous mood makes financial panic more likely.

Of course, that could change if the financial panic doesn't abate soon.

The financial panic of 1907 resulted in the Federal Reserve Act of 1913.

The Tianjin Financial Panic in the Early 20th Century and Their Counter Measures