After news and action like we saw yesterday, it would seem a little imprudent to hold onto shorts at this point.
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After a year of imprudent policies coupled with low world prices for the country's staple exports (bananas, coffee and sugar), Mr Arzu will leave Guatemala with high fiscal and current-account deficits, slowing economic growth, a sharp depreciation in the quetzal, weak banks and depleted reserves.
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Bien-pensant opinion agrees that such a move would be imprudent.
Our choice as a society is either to proactively decide based on logic and common sense that debt beyond a certain level is imprudent and risky, or to continue borrowing until we can no longer do so.
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It is imprudent in the extreme to eliminate such a valuable asset without replacement.
There is a particularly great risk of imprudent risk taking in the current economic environment too, given artificially low interest rates.
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The combination of imprudent lenders, inexperienced borrowers, weak supervision and a booming economy proved fatal.
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Foreigners have bought a number of them, reducing the risk of imprudent loans to big shareholders or their golfing buddies.
It may be imprudent for someone working in the real estate industry to make a significant investment in the asset class, because the factors impacting investment returns would be the same ones impacting potential raises, bonuses, and perhaps overall job security.
In his summing up at the trial in Brescia, Mr Gallico denied that Mr Lilley had been imprudent, as alleged by the prosecution, which has called for a 22-month prison sentence.
By contrast, a public utility would not be subject to shareholder demands for dividend payouts and imprudent cost cuts.
If imprudent economies seek cash from the rescue fund, they will have to import discipline from a body that specialises in imposing it.
As a result, very little, if any, excess liquidity spilled over into imprudent hands as indicated by the current low inflation and low capacity utilization.
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The Liberal Democrat opposition leader, Richard Webber called the decision "highly imprudent" and said other services such as playgrounds and youth facilities elsewhere would lose out on funding as a result.
From time to time, the Fed will tempt people to do imprudent things, such as spending too much or saving too little, for the good of the economy as a whole.
His conduct was not imprudent, and as such I believe he should be absolved of the charges against him as he found himself in a very difficult situation.
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