Word: actioneers
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...past, consumer spending has comprised as much as two-thirds of the gross national product. "Retail sales is the most important number because it doesn't gauge reactions, but gauges what consumers are doing and it's a good indicator of actual spending," says Michael Englund, chief economist for Action Economics, a bond and currency market consulting firm. "The good news for households is that food and energy prices are falling, although some might see this as a weakness in demand and a sign the economy is slowing." Englund says the drop below August's sales levels are mostly...
...face of the current economic meltdown, some people have more reason than others to worry - people, for example, who need to spend their savings very soon. For them, fear serves a purpose: it encourages action, which may prevent further losses. But for most of us, what will happen in the stock market in three or 10 or 20 years, when we will most need our savings, is unknowable. We can't predict the financial future, so we shouldn't try. But anxiety doesn't work according to those rules...
...also help to consider what you will do if you do lose everything. Literally, what will you do first, second and third? Contemplating action can shrink the threat to life size and introduce new possibilities. "We become very attached to our mentally constructed future," says Forsyth. "The harder you hold on to your story about your future, the harder this will...
...Iraq conflict. "I tried repeatedly to convince the American president not to go to war," Berlusconi told an Italian television station. "I was never convinced that war was the best system to achieve democracy in a country that had to emerge from a bloody dictatorship. I maintained that military action should be avoided." That he'd provided Bush with key political cover to forge ahead with the war he supposedly opposed was somehow lost on Berlusconi...
...very difficult to stop arms trafficking, because there is no control," says Griffiths, who has researched Ukraine's arsenal for the U.S. government. Although NATO funds Ukraine to destroy its stockpiles, "the Ukrainians realize how much money they can make by selling surplus weapons," he says. In an action that broke no laws, the Ukrainians shipped about 40,000 Kalashnikov rifles to Kenya last year during the tense standoff following the country's disputed presidential election...