When those who make bad decisions are not bailed out but bear the consequences of their actions, markets quickly self correct and impose just sanctions on the imprudent and greedy.
The above in mind, spendthrift habits among individuals, far from an economic stimulant, work against economic growth given the greater likelihood that the imprudent will eventually line up for handouts funded by the prudent.
Starve the productive and the relatively prudent to lend to the unproductive and imprudent.
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.
Not only would this augment the already considerable risk of imprudent budgetary practices, it would exacerbate the pro-statism bias in these organizations.
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It is imprudent in the extreme to eliminate such a valuable asset without replacement.
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.
It is imprudent in the extreme, not to say reckless, to rely upon as-yet-unavailable and -undemonstrated technologies to preserve something as important as the credibility, safety and reliability of the U.S. nuclear deterrent.
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.
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.
On the other hand, it is well known that when employees invest in company stock, it is often for the wrong reasons and at imprudent levels.
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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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If Americans think using up emergency oil right now is imprudent, it could do the president more harm than good politically.
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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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As long as we must rely upon nuclear weapons, it is imprudent and irresponsible to undermine the various component parts of the infrastructure that permit such weapons to be effective, reliable and safe.
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.
But it would be most imprudent to stall on fundamental reform of the Social Security system and trust to these uncertainties.
We heard a lot about the banks that were rendered insolvent by mortgage securities gone bad, but rarely about the individual savers with direct and indirect exposure to imprudent borrowers.
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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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The ambiguities and oversights in these regulations have given rise to imprudent industry practices that are harmful to investors.
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The minority scores easy points against rivals by painting them as imprudent.
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Nevertheless, the decision was made to offer company stock as an investment option in the define contribution plan and the percentage allocated to it, not surprising, mushroomed to imprudent levels.
In a recent interview with Chile's La Tercera newspaper, the 47-year-old priest admitted engaging in an "imprudent act".
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.
In June, the Federal Reserve, joined by the Office of Controller of the Currency, the Federal Deposit Insurance Corporation and the Office of Thrift Supervision, issued final guidance to promote and ensure sound incentive compensation and avoid imprudent risk-taking.
To waive the investment restrictions with respect to unregulated money managers, while upholding them with respect to regulated managers appears illogical and imprudent.
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