Word: boomings
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Mostly Christians, the Kachin live in northern Burma and were famous during colonial times for their battle skills. Although they, too, waged a decades-long armed struggle against the Burman-dominated regime, the Kachin signed a ceasefire with the government in 1994. Despite a boom in forestry and casinos in Kachin State, quality of life for many Kachin remains poor, with forced-labor campaigns common, along with human-trafficking to nearby China...
...story’s like a mousetrap,” he said. “You leave the cheese, and suddenly: Boom! Something happens...
Logitech Squeezebox Boom With a beefy, bassy 30-watt amp and a pair of high-performance speakers, the Boom ($260) is built to shake the room. And there's no end to the tunes you can blast out of this little black box. It can wirelessly stream Web stations and - if you can't find anything you like online - music stored on your PC's hard drive. It also connects to personalized internet radio services like Last.fm, Pandora and Slacker. www.logitech.com...
...collapse of a speculative bubble in the stock market in 2001 and 2002. Consumers, and the housing market, weren't in a recession at all - and the Fed's super-low rates precipitated a bubble. "We inadvertently stimulated an industry that was already in boom conditions," Gramm said. "This changed everything. It changed consumption behavior, it changed lending behavior...
...lethal combination of mismanagement, overexpansion and economic gloom is driving the boom in retail liquidations. During better days, a company could file for Chapter 11 bankruptcy, and the banks would finance its operations until the shops could restructure. These so-called debtor-in-possession, or DIP, loans kept the company operating. In the early 1990s, for example, Macy's spent nearly two years in Chapter 11. Today, banks aren't keen to lend to anyone, least of all a retailer in miserable shape. (See the worst business deals...