There was no clearer signpost pointing to the reversal of fortune that ensued than watching banks withdraw credit in ever increasing rounds of belt tightening.
In 'Cowboy' we decided that if the music slammed into something, like the sound of a belt tightening, it could disappear without the listener noticing.
Or are you simply assuming that efficiency, belt tightening, is good?
Repeated rounds of belt tightening have led to delayering and downsizing.
The latest round of belt tightening, which amounts to roughly 7% of Greek GDP over three years, includes layoffs of as many as 15, 000 state employees, a 22% cut in the minimum wage and pension reductions.
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We have to address the fact that if we are asking for some belt tightening and sacrifice from average Americans, from the middle class, we have to also insist that the most fortunate among us also contribute to this.
In March Mr Neumann was one of 11 Republicans who blocked a 14% increase in the budget that pays for the various House committees: if Congress expected the rest of the country to accept belt-tightening, it should tighten its own belt, he said.
Many people are tired of years of government-imposed belt-tightening measures that have not worked, Michalos said.
"We need to think about radical alternatives to the belt-tightening approach, " said Professor Allen.
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True, partners bail out for many reasons: a change in corporate focus, post-merger belt-tightening, whatever.
But the government's stated case for belt-tightening was flawed as the Italian public seems to realise.
For some valuable perspective (and perhaps belt-tightening inspiration), take a look at global consumer-spending patterns.
State agencies, local governments and universities are all wondering how far belt-tightening will have to go.
For the U.K., deep into belt-tightening austerity, the 2012 figures are 6.9%, 8.2%, and 15.1%.
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Marketers are undergoing belt-tightening, budgets are being trimmed, training is scaled back, and travel has been cut.
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Of course, all this belt-tightening and cost trimming would matter little if Iomega had nothing compelling to sell.
They credit an improving economy and a dozen rounds of belt-tightening since 2008, with holding the line on taxes.
One thing that occurred to me was that it was kind of a strange location to talk about belt-tightening.
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The firm's most recent partner class was the smallest since before the initial public offering, a sign of belt-tightening.
But if the markets are right that Malaysia is borrowing too much, devaluation with domestic belt-tightening is one remedy.
Having campaigned against austerity, Mr Hollande may yet have to do some belt-tightening.
After all, when belt-tightening fails, free lunches become easier than ever to sell.
Those effects would be short lived, though, with a Romney push for fiscal belt-tightening taking a toll on economic growth.
They were attacked by Democrats, Republicans and industry groups for their belt-tightening recommendations, indicating just how difficult the task will be.
Many voters too are hostile, tired both of repeated belt-tightening and of the air of sleaze that hangs around the government.
At a time of consumer belt-tightening and corporate financial woes, people don't need more taxes--especially ones that are invidious, discriminatory and hidden.
Why does the President support continued public funding of the Corporation for Public Broadcasting in the midst of the calls for belt-tightening?
As belt-tightening happens in the investor countries, many countries in Africa are finding themselves competing for a shrinking pot of investment money.
Although these days many demotions are the result of belt-tightening, some workers still get booted downward for old-fashioned reasons like poor performance.
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