Word: bets
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Dates: during 2000-2009
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...paean to the political process, "You Can Vote However You Like," inspired by rapper T.I.'s hit "Whatever You Like," has swept across the Internet over the past few days, amassing nearly 300,000 hits on YouTube and booking them upcoming appearances on ABC's Good Morning America and BET's 106 & Park. After learning of their performance, T.I. himself stopped by the school...
...that's part of the reason small, low-end Chinese exporters have seen their profits dwindle. A Chinese businessman asked Paulson after his speech whether the renminbi had appreciated sufficiently against the dollar. Paulson didn't answer directly, but in Beijing they know what the answer is: you bet it has. With Chinese growth slowing significantly and the economic pain spreading, "any further liberalization of the currency market is likely to be very gradual for the foreseeable future," Lardy says. "Beijing hasn?t jumped off the reform train" as a result of the crisis of 2008, says Lardy...
...Counting on Chinese consumers, however, may not be a sure bet. Some economists had thought that increasingly wealthy Chinese, with their appetite for cars, mobile phones and Big Macs, could help fill the breach opened by retreating American spenders. But that hope, too, is fading. Though Chinese spending is so far holding up - retail sales of consumer goods jumped 23% in September - household consumption, at only 40% of GDP (compared with about 65% in industrialized countries), isn't yet substantial enough to maintain China's high growth rates. "I don't think [domestic spending] will replace what has been lost...
...dollars you could borrow for every dollar of wealth you had. It meant borrowing other people's money to invest in something you wanted to invest in, or to buy something you wanted to buy. On Wall Street, debt funded investments in pretty much everything a financial firm could bet on, including the toxic mortgage-backed securities that led the way into this crisis. On Main Street, it meant borrowing to buy a house or a condo - maybe two - then perhaps borrowing again off the increasing value of that property to pay for something else: a flat-screen...
...subliminal advertising still used? You bet. There are even stores that play music containing concealed recorded messages prodding shoppers to buy more or not to shoplift...