Word: brink
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...Over the past decade, inflation has been a minor threat compared with brutal deflationary shocks. They started with the collapse of the Mexican peso in the mid-1990s. In 1997, much of eastern Asia's flourishing economy was leveled. Next were Russia, Turkey and Argentina; Brazil teetered on the brink. By early 2001, Silicon Valley, the pride of the U.S. economy, was crashing, while entire sectors of the so-called New Economy disintegrated...
...spring semester, the FAS was on the brink of voting on this new system, but there was a pervasive sense that we needed more time to work on its details. During the coming summer, the proposal will be reconsidered in the hope that we can move more effectively to a vote on general education in the fall. I myself still wonder if we have paid enough attention to other ways of “cutting the cake.” The Committee on General Education did consider a number of creative new rubrics for general education, and part...
...can’t put my finger on the moment my impressions became more positive, but on the brink of graduation, my spirit for this school is stronger than ever. It’s not the facts my classes briefly stored in my short-term memory that have sparked the change. I’m sure I’ve forgotten much of the information I learned in lectures past. Though Harvard’s reputation rests on its academic prowess, courses here have not always been as fulfilling as I would have hoped...
...much. Over the last decade, the world has experienced a series of brutal deflationary shocks. They started with the collapse of the Mexican peso in the mid-1990s. In 1997, much of eastern Asia's flourishing economy was leveled. Next were Russia, Turkey and Argentina; Brazil teetered on the brink. Meanwhile, Silicon Valley, the pride of the U.S. economy, was crashing, while entire sectors of the so-called new economy disintegrated. And Japan, the world's second largest economy, was locked in a financial crisis redolent of the 1930s. After the tech wreck, everything from state-of-the-art fiber...
Nearly three decades had passed since the leaders of Iran and the U.S. communicated directly. Was the missive, punctuated though it was with diatribes against Israel and condemnations of U.S. policy, a signal that Iran wanted to step back from the brink? "All prophets speak of peace and tranquility--based on monotheism, justice and respect for human dignity," Ahmadinejad wrote. "Do you not think that if all of us abide by these principles, we can overcome the world's problems? Will you not accept this invitation...