Word: cataclysmic
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...have sent him into a spiral of fervent public defiance of the contemporary behavioral norms. As her story unfolds, details that previously seemed extraneous begin to fall into place. Though the reader knows how the story will end, the sense of foreboding and the emotional impact in the final cataclysm does not diminish. The florid effervescence of the rest of the work ends on a genuinely somber and powerfully affective note, hinting at what Boyle might accomplish if all his work could be as tightly constructed as this last segment. Boyle does not shy away from portraying every dimension...
...largest issue between now and whenever the cataclysm ends is whether the major economic powers develop more intimate relationships or are driven to isolation in order to defend their economies through protectionism. This development would reach an epic level if nations such as China began to hold capital in their country and slow their purchase of U.S. debt. That would begin a lethal exchange between the greatest exporting and importing nations of the world, with America blocking the inflow of Chinese goods and China flailing back by throttling its appetite for Treasuries. Without the ability to borrow money at reasonable...
...market as it developed was "so opaque that nobody knew who was holding the bag." But he said he didn't buy that it was a major precipitating cause of the crisis. What was? "It was a confluence of two forces," he said. "Alone, neither would have created a cataclysm...
What brought them to Washington, on flights that turned into airborne pep rallies, on buses that left at midnight, on foot from the four corners of a city on lockdown? "The cataclysm of joy," said the bohemian from Brooklyn, N.Y. A chance to throw a shoe at President Bush, said the disenchanted Republican. To celebrate the fact that anything is possible, said the Apache from Arizona. Some people brought with them mementos of those who could not come. Jenny Allen, a 38-year-old fundraiser from West Virginia, wore a laminated picture of her great-aunt, an elegant lady...
...Stuart Fraser talks about his 45 years of experience there and says, "You just have to sit it out. It recovers." But he acknowledges that "it's a painful process, and we are only at the beginning." The impact won't be felt across the board. Barring a financial cataclysm, London will retain its position as Europe's preeminent financial center. Some wealth management may migrate to Singapore or Dubai, rapidly emerging regional centers, and some of the back-office jobs that are cut may never return. "As in any business, there will be more pressure to take more support...