Word: burstingly
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They’re the ones that make you burst out of bed for 9 am section, the ones that make you explode with enthusiasm for Great Expectations, the ones that stimulate your senses on economic growth, the ones that make you enthusiastically tackle that long…hard…pset...
...dozens of events come off without a gaffe, hitch or flub. But even years of planning could not make such events fail-safe. The world is in far too much turmoil, with widespread concern about the economic collapse, unruly voting publics and continued regional instabilities, which are sure to burst into public view. At the same time, Obama's central policy proposals, which include a significant expansion of the military effort in Afghanistan and major new deficit spending by wealthy countries, have encountered resistance from his counterparts around the world. Here is a look at four of the biggest challenges...
...bubble has finally burst," says one American expat. Some people point to mixed blessings of the financial downturn. Rents, which were at unbearable highs last summer, have now plummeted at least 25%, and property prices are down as much as 50% since August of last year. But while there is some respite from the dawn-to-dusk hammering and drilling that came with Dubai's construction boom, some $8 billion in projects have now been either scrapped or put on hold. The city's notoriously brutal traffic jams have eased somewhat in recent weeks since the reported exodus of thousands...
...subprime mortgages that have come to define toxic asset. Companies that held CDOs could offset their risk by buying CDSs from AIG FP. Or they could simply speculate with the instrument. It all worked fine until overbuilding by housing firms and overleveraging by consumers caused the bubble to burst. Which in turn caused the value of CDOs to plunge. Which caused holders of CDSs on such securities to demand payment from...
...what did we learn today? It would seem like a few of the crappy houses really worked to ensure its newest residents didn't burst into tears by dousing them with house spirit, while the awesome houses kept it tranquil and let the others have their moment in the sun. And Winthrop...well, it continues to be Winthrop. FlyBy has to sign off, though, there are more important things to attend...