Word: bets
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...retirement pensions and health insurance. "Most economists think they've overdone investment and underdone consumption and spending for social welfare," says Stephen Green, the Shanghai-based head of research for Standard Chartered Bank. "There will be a price to pay. No one knows how big that will be. The bet is they'll grow through it. That's the bet they're taking...
...barrel, and coming out of a recession few thought prices would rise anytime soon. So Hall bought so-called long-dated oil-futures contracts that would pay off if the price of oil topped $100 at some point in the next five years. Because Hall made a bet oil would reach a price that few could imagine was possible, he was able to buy the contracts cheaply. It was a risky move. If the price of oil never reached $100, the contracts would expire worthless. Instead, when oil topped $100 in 2008, Hall's Phibro division made a bundle...
...ambitious goals to spend his time. The bigger question is what Cameron thinks Britain gains from being such a pain to its European colleagues. One consequence is already plain: as TIME noted last week, in Paris and Berlin there is new energy behind Franco-German cooperation, and you can bet your bottom dollar that is partly because Merkel and Sarkozy have taken a look at Cameron, remembered the havoc Thatcher caused in the 1980s and thought, "Uh-oh. Is that a handbag he's carrying?" (Read: "Can France and Germany Fall in Love Again...
...June. The Soviets believed the same thing two decades earlier, although they were disappointed. "There was a simplified view that the presence of our troops would set Afghanistan on the right track," Politburo member and former Foreign Minister Andrei Gromyko said in February 1987. "And now I would not bet a dime that they can create their own Afghan army, no matter how much resources we invest...
...this favorable outlook for Canada is predicated on a loonie that pulls back about 10% to 89 cents. That's a risky bet in a marketplace where institutional investors are dumping U.S. dollars - which were seen as a safe haven during the darkest hours of the global recession - and moving into more attractive investment opportunities as financial markets rebound...