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The scope and speed of this downturn are without modern precedent, significantly worse than any recession since World War II. We are seeing a severe decline in economic activity and employment, and already the job gains of the last decade have been erased. Governments around the world have responded quickly with measures to support workers who have lost income and businesses that have either closed or seen a sharp drop in activity.
The response here in the United States has been particularly swift and forceful. While the coronavirus economic shock appears to be the largest on record, the fiscal response has also been the fastest and largest response for any post-war downturn. But the coronavirus crisis raises longer-term concerns as well.
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Financing for sustainable development in a fast-changing environment .. 59 trade and investment wars that could accelerate what to date has been a significant Régionale de Refinancement Hypothécaire (CRRH), IFC and the.
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Since Southern Europe has become the epicentre of the second phase of the global economic crisis that began two years earlier as a consequence of the bursting of the mortgage and financial bubble in the United States. In critical commentaries, this crisis has been understood as a crisis of neoliberalism as a mode of economic-political regulation.
In the second part, the paper looks at the effects of the global crisis in the Sardinia region, through the lens of the politics of resistance that has taken shape in this context. The paper concludes by reflecting on the limits to a regionalised politics of resistance, calling for an imaginative politics of renaissance at a cross-Southern European scale.
Although north-central Europe has suddenly developed an acute case of amnesia, a few years ago the financial press was praising Spain, Portugal and even Greece plus non-EU Turkey for their competence in trimming public spending and boosting growth rates. The Mediterranean as a whole was perceived as relatively well protected from the financial tsunami crossing the Atlantic at supersonic speed Davis, , p.
Before exploring this case-study, the paper will analyse the distinctive features of neoliberalism in Italy and in the Southern Italian context.
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You may have heard good things, and you may have heard bad things…. Opinions aside, a mortgage broker is a middleman that works between the borrower and the bank to help the former obtain home loan financing. Instead of contacting a bank or mortgage lender directly, you have the option of enlisting a broker instead, who will act as your liaison and loan guide.
Brokers can help you apply for a mortgage and do most of the heavy lifting along the way, whether it be a home purchase loan or a mortgage refinance. As you can see from my rather rudimentary, yet fairly time consuming diagram above, the mortgage broker acts as a liaison between two important entities during the home loan process.
And you may not even know who the broker ultimately decided to place your mortgage with until you receive your loan servicing documentation after the loan funds.
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