Word: badness
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...still the world's sixth largest economy, but other numbers are not so flattering. Britain's budget deficit - ?178 billion, according to the Treasury - is the largest as a proportion of GDP among G-7 nations. Unemployment stands at 2.46 million, a rate of 7.8%. That's not as bad as some pundits predicted, but the ranks of the long-term unemployed have swelled to levels not seen since 1997, and the number of people working part time because they're unable to find full-time employment has reached a new record. Although the pound has lost a quarter...
...Come to This? The last time Britain felt this bad about itself was in 1976, when soaring inflation and unemployment forced the Labour government to seek a humiliating bailout from the International Monetary Fund. Margaret Thatcher's Conservatives took power in 1979 and went on to abolish exchange controls, cut taxes and engineer the 1986 deregulation of financial markets, known as Big Bang, restoring London's position as one of the world's most important financial centers. Blair's New Labour did nothing to restrict the unfettered growth of the City, as London's financial district is called...
...continent of Mozart, Einstein, Proust and Caesar. Europe is the continent that shaped the world forever. We Europeans invented democracy. Our civilization has had time to mature and reflect on its mistakes. We have evolved into a civilization that regards war as a terrible crime; is that such a bad thing? We criticize Burma and China because they are brutal dictatorships, and why should we be apologetic about that? (Read: "Should Europe Lift Its Arms Embargo on China...
...think when things went bad, we started worrying about what was going bad, and then we just got back to doing what we wanted to do,” Tillman said...
...pace and try to hang on,’” Meyer explained. “I went out four or five seconds faster than I usually do in the first 500 [yards]. I could feel the difference. I was hurting pretty bad at the back end of the race...