Related by context. Frequent words. (Click for all words.) 54 vicious circle 51 vicious cycle 51 downward spiral 50 deflationary spiral 48 mortgage defaults 45 perverse incentives 44 credit crunch 43 destitution 42 recession 41 crisis 41 virtuous circle 41 speculative bubble 41 subprime mortgage crisis 40 spiral 40 stagflation 40 housing bubble 40 beggar thy neighbor 39 moral hazard 39 spiraling 39 bureaucratic nightmare 39 impoverishment 39 risk aversion 39 joblessness 38 foreclosures 38 unsustainable 38 deepening recession 38 speculative bubbles 38 hyperinflation 38 self perpetuating 38 deflationary 38 feedback loop 38 homelessness 38 reflation 38 virtuous cycle 38 Quantitative easing 38 interbank lending 38 ruinous 37 unfreeze credit 37 contagion 37 housing 37 deflationary pressures 37 housing slump 37 unsustainably 37 upward spiral 37 hopelessness 37 self fulfilling prophecy 37 asset bubbles 37 subprime mortgage meltdown 37 deleveraging 36 Great Recession 36 freefall 36 stabilize 36 quantitative easing 36 inequality 36 liquidity crunch 36 inflationary 36 taxpayer bailouts 36 pernicious 36 deepest recession 36 Great Depression 36 illiquid assets 36 civil strife 36 loan defaults 36 unintended consequence 36 inject liquidity 36 predatory lending practices 36 deflation 35 quantitative easing QE 35 insecurity 35 sovereign debt 35 subprime mortgage 35 short termism 35 destabilizing 35 stagnation 35 tailspin 35 chronic homelessness 35 stagnant wages 35 gambling addiction 35 artificially 35 turmoil 35 despair 35 destabilized 35 liquidity 35 perverse 35 crippling 35 domino effect 35 meltdown 35 unemployment 34 disinflation 34 monetary easing 34 Glass Steagall 34 extreme poverty 34 protectionist pressures 34 rising tide 34 reoffending 34 subprime mortgages 34 poverty 34 spillover effects 34 interest rates 34 disincentives 34 epidemic