Word: borrower
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Dates: during 2000-2009
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...Shanghai exchange, a 250% increase in new accounts. That's an average of about 7,000 per day, a flood of fresh blood from san hu (as the Chinese call small investors) that is making seasoned traders nervous. "When you see shop assistants and taxi drivers racing out to borrow money to buy stocks, you've got trouble," says commodities guru Jim Rogers. "That's the market sucking in a whole lot of neophytes priming to get slaughtered...
...Shanghai exchange, a 250% increase in new accounts. That's an average of about 7,000 a day, a flood of fresh blood from san hu (as the Chinese call small investors) that is making seasoned traders nervous. "When you see shop assistants and taxi drivers racing out to borrow money to buy stocks, you've got trouble," says commodities guru Jim Rogers. "That's the market sucking in a whole lot of neophytes priming to get slaughtered...
...sell-off could be triggered by any number of lurking dangers-an adverse geopolitical event such as an act of aggression against Iran, say, or the implosion of a massively leveraged hedge fund, or a loss of enthusiasm for the popular but perilous yen carry trade, whereby speculators borrow money cheaply in Japan's currency and then use it to bet on higher-return assets around the world. If that rich source of global liquidity were to dry up, the impact would be far greater than today's sanguine investors realize...
...concluded: that Hamas is now an intractable part of the Palestinian body politic that represents close to half of the population, and cannot simply be wished or blown away. For any U.S. peace plans that are predicated on giving it a knockout blow, the group's mass support - to borrow a phrase from Al Gore - is an inconvenient truth...
...light-hearted way, after the 1621 Mayflower Compact. "We are a group of individuals committed to a 12-month flight from the consumer grid," they wrote in a chat-room manifesto that lists their aims as going "beyond recycling," reducing clutter in their homes and simplifying their lives: "Borrow, barter or buy used...