Word: cashes
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...often reach hundreds of thousands of dollars. A year ago, the golf membership belonging to Kim Joo Hyong, the chief executive of a small trading firm, was worth $350,000. But as the shockwaves from the U.S. financial meltdown slammed into South Korea in September, Kim nervously watched cash-starved golfers dump their memberships on an Internet site that tracks their value, sending prices plummeting. The country, he became convinced, was about to suffer a financial crisis even worse than the great conflagration that engulfed Asia in 1997, when a near bankrupt South Korea turned to the International Monetary Fund...
...says, shaking his head. "One year ago, there would be double the amount of people here. These are terrible times." At a nearby restaurant, only four of the 16 tables are occupied at dinner time. "Everyone is concerned about the economy," says Kim Mi Hae, who stands at the cash register. "That's all my customers talk about." Nervous bankers are cutting back as well, by sharply curtailing domestic lending, especially to small companies. This paranoia at the banks can potentially make the coming downturn more severe. "They've created a vicious cycle," says Jones...
...population - are registered with the government as overseas workers. Thousands of workers leave the country every day, and half of the new hires are women, flying off to earn salaries that are propping up the country. Last year alone, overseas workers sent home $17 billion in cash remittances, according to the World Bank. "Without the remittances, our economy will instantly collapse," says Dr. Honey Carandang, a clinical psychologist and professor at the University of the Philippines. "The whole country knows...
...Vegas, you can get cash, booze, even a wedding license at a drive-through, so why not a flu shot? With a record 140 million flu vaccinations expected to be administered this year in the U.S., hospitals and health clinics from Norwood, Mass., to Randolph County, Ala., have started offering drive-by shootings, using concern about the regular old flu to help prep for outbreaks of potentially far graver diseases like avian flu and anthrax...
...lawless place where only the strong and savage survived. By the time Roosevelt took office during the Great Depression, the entire ecosystem appeared to be in a death spiral, with Americans crying out for government to take control. F.D.R. did - juicing the economy with unprecedented amounts of government cash, creating new protections for the unemployed and the elderly, and imposing rules for how industry was to behave. Conservatives wailed that economic freedom was under assault, but most ordinary Americans thanked God that Washington was securing their bank deposits, helping labor unions boost their wages, giving them a pension when they...