Word: cheaping
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Dates: during 2000-2009
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...guys. Fifty years from now, Bonds is going to be the cool badass dude. The future generations are going to say: Why does Grandpa get a bleeding ulcer every time I mention his name? Eventually, we get away from the emotion. Right now I hope it gets me a cheap price...
...with 'shrooms that the Dutch themselves do. In Amsterdam, some 90 percent of ambulance dispatches related to magic mushroom use this year were for foreign visitors, especially from Britain, trailed at a distance by Italy, the U.S. and France. "Most problems are caused by foreigners who come here on cheap flights to take as many drugs as they can find," says Guy Boels, chairman of VLOS, an association of Dutch magic mushrooms retailers. "They hardly sleep, they drink alcohol and smoke pot as much as they can and then take a paddo on top of that...
...this could soon change. A road is slowly creeping through the heart of Upper Mustang. It connects Lo Monthang to Tibet, carrying cheap Lhasa beer and change to the walled city. Workers are painstakingly hacking out the northward road from the rock along the Kali Gandaki River as I write. Within decades, maybe far sooner, the old trade route from Tibet to India will be revived in far different form, Tata trucks rumbling over the ancient paths on which yaks once marched...
...management at most companies he visited in the region and noted opportunities particularly in investment management and construction. On the former, Symonds believes that last year's gulf states market crash was overdone, and on the latter, that despite talk of a property bubble, real estate is still extremely cheap by world standards. A penthouse apartment sells for about $350 per sq. ft. (about $3,750 per sq m). Comparable properties in New York City and London sell for about five times that price...
...usual, pointed challenges arose. One questioner noted that the construction boom depended largely on cheap labor from the Indian subcontinent, labor that will grow more expensive as these workers are integrated into society down the road. Another questioner expressed skepticism about occupancy rates. This kind of push and pull is what makes markets, of course. The difference is that for hedge funds, trades gone wrong can be disastrous...