Word: bursting
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Dates: during 2000-2009
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...China's current economic woes come at a momentous point in history. Dec. 18 marks the 30th anniversary of when Deng Xiaoping launched the nation into the most extraordinary burst of economic development the world has ever seen. For almost this entire period, outsiders have been predicting that it wouldn't last. And each time, China has forged ahead. The financial crisis has led the whole world into uncharted territory. But the one constant in this changing world may be China's ability to surprise once more...
Last month a baby was shot dead in an inner suburb of East Timor's capital, Dili. His father, a policeman, had returned home from his shift and put his pistol atop a cupboard before lying down for a nap. A short time later, his frantic wife burst into the room, saying their six-year-old son had hold of the gun. Then a shot rang out. Rushing outside, the couple found their youngest child, a six-months-old boy, dead from a bullet wound...
Just as critically, there are key legal differences. Unlike gay marriage, which seemed to burst upon the scene all at once when Massachusetts Supreme Court made it legal, courts began slowly to recognize gay rights as far back as 1985. Several states - including California, Maryland, Massachusetts, Nevada, New Jersey, and New York - already expressly forbid discrimination against gays seeking to adopt. A handful of other states, even without specific legislation, allow gay adoption...
...There is no doubt that government intervention is an absolute necessity when markets go horribly awry. After Japan's stock-and-real-estate bubble burst in the early 1990s, the economy staggered along for half a decade until the government finally stepped in to restructure the financial sector. During the Asian financial crisis of 1997-98, state action was crucial to rebuilding moribund banks and companies...
This Dec. 18 will mark the thirtieth anniversary of the moment when Deng Xiaoping pushed a Communist Party plenum into adopting the first measures that would launch the country into the most extraordinary burst of economic development the world has ever seen. Outsiders have been predicting that it couldn't last ever since. The financial and economic crisis currently plaguing the globe has lead the whole world into unchartered territory. If the likes of Kroeber and Rothman are right, the one thing that could remain constant in a world where nothing seems fixed is China's ability to surprise...