The United States subprime mortgage crisis was a nationwide financial crisis, occurring between 2007 and 2010, that contributed to the U.S. recession of December 2007 - June 2009. It was triggered by a large decline in home prices after the collapse of a housing bubble, leading to mortgage delinquencies and foreclosures and the devaluation of housing-related securities. Declines in residential investment preceded the recession and were followed by reductions in household spending and then business investment. Spending reductions were more significant in areas with a combination of high household debt and larger housing price declines.The housing bubble preceding the crisis was financed with mortgage-backed securities (MBSes) and collateralized debt obligations (CDOs), which initially offered higher interest rates (i.e. better returns) than government securities, along with attractive risk ratings from rating agencies. While elements of the crisis first became more visible during 2007, several major financial institutions collapsed in September 2008, with significant disruption in the flow of credit to businesses and consumers and the onset of a severe global recession.There were many causes of the crisis, with commentators assigning different levels of blame to financial institutions, regulators, credit agencies, government housing policies, and consumers, among others. Two proximate causes were the rise in subprime lending and the increase in housing speculation. The percentage of lower-quality subprime mortgages originated during a given year rose from the historical 8% or lower range to approximately 20% from 2004 to 2006, with much higher ratios in some parts of the U.S. A high percentage of these subprime mortgages, over 90% in 2006 for example, were adjustable-rate mortgages. Housing speculation also increased, with the share of mortgage originations to investors (i.e. those owning homes other than primary residences) rising significantly from around 20% in 2000 to around 35% in 2006-2007. Investors, even those with prime credit ratings, were much more likely to default than non-investors when prices fell. These changes were part of a broader trend of lowered lending standards and higher-risk mortgage products, which contributed to U.S. households becoming increasingly indebted. The ratio of household debt to disposable personal income rose from 77% in 1990 to 127% by the end of 2007.When U.S. home prices declined steeply after peaking in mid-2006, it became more difficult for borrowers to refinance their loans. As adjustable-rate mortgages began to reset at higher interest rates (causing higher monthly payments), mortgage delinquencies soared. Securities backed with mortgages, including subprime mortgages, widely held by financial firms globally, lost most of their value. Global investors also drastically reduced purchases of mortgage-backed debt and other securities as part of a decline in the capacity and willingness of the private financial system to support lending. Concerns about the soundness of U.S. credit and financial markets led to tightening credit around the world and slowing economic growth in the U.S. and EuropeEurope. The crisis had severe, long-lasting consequences for the U.S. and European economies. The U.S. entered a deep recession, with nearly 9 million jobs lost during 2008 and 2009, roughly 6% of the workforce. The number of jobs did not return to the December 2007 pre-crisis peak until May 2014. U.S. household net worth declined by nearly $13 trillion (20%) from its Q2 2007 pre-crisis peak, recovering by Q4 2012. U.S. housing prices fell nearly 30% on average and the U.S. stock market fell approximately 50% by early 2009, with stocks regaining their December 2007 level during September 2012. One estimate of lost output and income from the crisis comes to "at least 40% of 2007 gross domestic product". Europe also continued to struggle with its own economic crisis, with elevated unemployment and severe banking impairments estimated at €940 billion between 2008 and 2012. As of January 2018, U.S. bailout funds had been fully recovered by the government, when interest on loans is taken into consideration. A total of $626B was invested, loaned, or granted due to various bailout measures, while $390B had been returned to the Treasury. The Treasury had earned another $323B in interest on bailout loans, resulting in an $87B profit.
DMT can be consumed as a psychedelic drug and has historically been prepared by various cultures for ritual purposes as an entheogen. Rick Strassman labeled it "the spirit molecule". DMT is illegal in most countries. DMT has a rapid onset, intense effects and a relatively short duration of action. For those reasons, DMT was known as the "businessman's trip" during the 1960s in the United States, as a user could access the full depth of a psychedelic experience in considerably less time than with other substances such as LSD or magic mushrooms. DMT can be inhaled, injected, vaporized or ingested, and its effects depend on the dose. When inhaled or injected, the effects last a short period of time: about 5 to 15 minutes. Effects can last 3 hours or more when orally ingested along with an MAOI, such as the ayahuasca brew of many native Amazonian tribes. DMT can produce vivid "projections" of mystical experiences involving euphoria and dynamic hallucinations of geometric forms.DMT is a functional analogfunctional analog and structural analog of other psychedelic tryptamines such as 4-AcO-DMT, 5-MeO-DMT, 5-HO-DMT, psilocybin (4-PO-DMT), and psilocin (4-HO-DMT). The structure of DMT occurs within some important biomolecules like serotonin and melatonin, making them structural analogs of DMT.
Energy Efficiency Company
This is different from a customer relationship manager (CRMCRM) in the fact that a CRM is used by businesses to sell and support customers, while a personal relationship manager (PRM) is used to support and improve personal relationships. CRMs are more valuable the more contacts they contain, while PRMs are more valuable the deeper the info about each individual is.
Git () is a distributed version-control system for tracking changes in source code during software development. It is designed for coordinating work among programmers, but it can be used to track changes in any set of files. Its goals include speed, data integrity, and support for distributed, non-linear workflows.Git was created by Linus TorvaldsLinus Torvalds in 2005 for development of the Linux kernel, with other kernel developers contributing to its initial development. Its current maintainer since 2005 is Junio Hamano. As with most other distributed version-control systems, and unlike most client-server systems, every Git directory on every computer is a full-fledged repository with complete history and full version-tracking abilities, independent of network access or a central server.Git is free and open-source software distributed under the terms of the GNU General Public License version 2.
01Synergy is a multiSoftware Development Company providing high-class outsourcing and web development services around the globe.It provides its service in Enterprise class web-based application solutions using PHPPHP, .NET, MEAN, JS Frameworks, Oracle, & Java Platforms executing more than 15000 projects worldwide.
Helsinki is the capital and most populous city of Finland. It is the country's most important center for politics, education, finance, culture, and research. Helsinki is located 80 kilometres (50 mi) north of Tallinn, Estonia, 400 km (250 mi) east of Stockholm, SwedenSweden, and 390 km (240 mi) west of Saint Petersburg, Russia. It has close historical ties with these three cities.
Together with the cities of Espoo, Vantaa, and Kauniainen, and surrounding commuter towns, Helsinki forms the Greater Helsinki metropolitan area, which has a population of nearly 1.5 million. Often considered to be Finland's only metropolis, it is the world's northernmost metro area with over one million people as well as the northernmost capital of an EU member state. After Stockholm and Oslo, Helsinki is the third largest municipality in the Nordic countries. The city is served by the international Helsinki Airport, located in the neighboring city of Vantaa, with frequent service to many destinations in EuropeEurope and Asia.
Energy Efficiency Company
Kontrol Energy was formed in 2015 by a group of energy veterans who recognized that the Energy Efficiency industry would be a significant engine for the global economy over the coming decade.
We see a robust future of lower energy costs and lower Greenhouse Gas (GHG) emissions driven by the Internet of Things (IoT), Cloud and Blockchain technology.
Kontrol Energy Corp. is a Vaughan-based developer of energy efficiency solutions and technologies.
The deadlift is a weight training exercise in which a loaded barbell or bar is lifted off the ground to the level of the hips, then lowered to the ground. It is one of the three powerlifting exercises, along with the squat and bench press.
Powerlifting is a strength sport that consists of three attempts at maximal weight on three lifts: squat, bench press, and deadlift. As in the sport of Olympic weightlifting, it involves the athlete attempting a maximal weight single lift of a barbell loaded with weight plates. Powerlifting evolved from a sport known as "odd lifts", which followed the same three-attempt format but used a wider variety of events, akin to strongman competition. Eventually odd lifts became standardized to the current three. In competition, lifts may be performed equipped or un-equipped (typically referred to as 'raw' lifting or 'classic' in the IPF specifically). Equipment in this context refers to a supportive bench shirt or squat/deadlift suit or briefs. In some federations, knee wraps are permitted in the equipped but not un-equipped division; in others, they may be used in both equipped and un-equipped lifting. Weight belts, knee sleeves, wrist wraps and special footwear may also be used, but are not considered when distinguishing equipped from un-equipped lifting.Competitions take place across the world. Powerlifting has been a Paralympic sport (bench press only) since 1984 and, under the IPF, is also a World Games sport. Local, national and international competitions have also been sanctioned by other federations operating independently of the IPF.
June 18, 2007
InVision shares (ISIN: DE0005859698) are traded for the first time on the Frankfurt Stock Exchange.