Steven Marshall would have an on again off again project that would take workers on and then lay them off, open shipyards and close them down in a boom-bust cycle
of uncertainty; that s no way to underpin a naval shipbuilding industry.
The entire advent of the freehold phenomena [during the early part of the last decade] and the subsequent boom-bust cycle
came against the backdrop of a declining dollar, and rising oil prices, and only in the last year did these two relationships changed.
From 2004 through 2014, we have experienced a complete boom-bust cycle
and it is gratifying to note that our resilient business model has delivered profitable growth not only during periods of rapid economic growth but also during periods of economic turbulence.
Glenn Stevens, governor of the Reserve Bank of Australia, said that a boom-bust cycle
in house prices would not augur well for the economy.
Many consumers tend to become more dependent on debt to continue spending, thereby worsening the boom-bust cycle
However, the International Monetary Fund has repeatedly warned Dubai of another possible boom-bust cycle
and called for tighter measures to counter property speculation.
The UAE emirate of Dubai is still recovering from its 2009 debt crisis and the International Monetary Fund (IMF) has warned a slew of new real estate projects could lead to another boom-bust cycle
In recent years, the boom-bust cycle
seems to have been alleviated a bit, but that may be more due to M&A activity rather than having a clear understanding of supply and demand.
Finally, it is important to point out that if the newly created fiduciary media do not enter the economy through the loan market to finance business investment and distort the structure of production, there is no Austrian-type boom-bust cycle
The classic boom-bust cycle
actually reduces growth and wastes resources.
In less than a decade, we have experienced a complete boom-bust cycle
and it is gratifying to note that our resilient business model has delivered profitable growth not only during periods of rapid economic growth but also during periods of relative economic stagnation or contraction.
That sure beats the boom-bust cycle
of the last twenty years.