Word: boomingly
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...pales by comparison with what's just around the corner. Canada is poised to become Venezuela north--without the loopy President and the deadweight national oil company as unwanted partners--as the biggest oil boom in North American history hits terminal velocity. An estimated $124 billion will be invested from 2007 to 2012, according to the Athabasca Regional Issues Working Group, an industry association. Production in Alberta's oil sands will more than quadruple, to about 5 million bbl. daily, by 2015; Canada currently exports an average of 1.9 million bbl. daily (from all sources) to the U.S., more than...
Working-class TV may draw in viewers with the sensational promise of danger. (In Ax Men, computer animation shows what would happen if a logger got speared by a falling branch.) But underneath that is the scary reality, not unique to drillers and fishermen, of surviving boom-and-bust capitalism with no safety net. Deadliest Catch and its ilk celebrate rather than pity their heroes. But for all the big paydays the characters' work can bring, the shows never forget that hard times are one slipup or bad break away. That's the catch, and it's a deadly...
...also put an end to cheap credit. Mortgage lenders were happy to coddle British homeowners with easy money during the boom years, helping to push the rate at which U.K. house prices rose over the past decade far higher than economic drivers like income growth and low interest rates could justify. Now banks are throttling back. They have slashed the range of available mortgages and cut the amount they'll lend relative to the value of a property; no more can U.K. customers borrow more than a home is worth, as many had done...
...over a frame of scavenged bamboo provides welcome shade in the 42-degree centigrade heat. Perched on a ledge overlooking a curve in the Helmand River, Lance Corporal Glenn McAllister whittles sturdy mugs out of green plastic mortar round cases. If it weren't for the guns, the occasional boom of an outgoing mortar round, and the Taliban forces surrounding Zeebrugge, the setting would almost seem like a beachside bar - without the beer. "All we need now is some sand," muses Collins. "Maybe we should push down to the river and get some exclusive beachfront property...
...Recently, models have become an increasingly popular way to predict outcomes in a variety of arenas. Most notably, this applies to economic research. Drawing from both times of boom and bust, investment firms have built detailed models to predict the behavior of specific stocks and markets as a whole. These models are driven by cutting-edge mathematical research on topics ranging from game theory to risk calculations. Perhaps less publicly, many have tried to use similar models in international politics, convinced that several of the insights from market research can help illuminate how political actors make decisions...