Word: boiler
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Dates: during 2010-2019
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Take as a metaphor a train stringing together 16 engines; these are the members of the Eurozone. Each has to steam along at the same speed. If any or several of the 16 engineers throw too much coal into the boiler by way of excessive government spending, the train will derail. That's grade-school physics...
Peter Reich, an artist and father of three, has lived and worked right next to the Gowanus since 1983. Charged with maintaining his apartment building's basement boiler, he sometimes wades through the water that rushes in during rainstorms. "It's nice to have an enclave to hang out in that no one wants to develop," says Reich. "We're still pioneers...