Word: cheaping
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Dates: during 2000-2009
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...site reserved for a mosque in Padua by parading on it with a pig, an animal deemed unclean by Muslims. A 2004 Dutch opinion poll found that mosques, which in the 1990s had been lauded as "enrichments to the urban landscape," were now derided as "unimaginative," "ugly" and "cheap imitations...
Even when utilities will pay for efficiency upgrades that will save us money for years, we're unlikely to make retrofits - unless the utilities take care of the schlep factors, like finding contractors and inspecting the work. Cheap is alluring; easy can be irresistible...
...most of their capital at the market peak, will struggle ever to turn a profit. But research firm Preqin reports that of $2.5 trillion in private-equity assets worldwide at the end of 2008, $1 trillion was "dry powder" - cash that hadn't been invested. There are lots of cheap companies out there, and private-equity firms with cash on hand will surely hit a few home runs with investments made in the coming years...
...acre site at Bow Creek in 1846, bashing out ships for much of Europe. Eager for jobs, workers from all over the country poured in. The seasonal or casual work on offer meant few could afford comfortable places to live, though; landlords, well aware of the fact, threw up cheap housing without toilets, bathrooms and oftentimes drinking water. The over-crowding and disease appalled visitors. Behind one row of houses, Charles Dickens noted "a cesspool, bubbling and seething with the constant rise of the foul products of decomposition." The grubby, "consumptive-looking ducks" swimming upon it, he wrote...
...dynamic measured as the current account deficit. This "giant pool of money," as the radio program This American Life described it, did not stay in low-spending surplus countries like China or oil-producing states. Instead, much of it came back to the U.S. in the form of cheap credit. "Like water seeking its level, saving flowed from where it was abundant to where it was deficient, with the result that the United States and some other advanced countries experienced large capital inflows for more than a decade," explained Federal Reserve Chairman Ben Bernanke in a March 10 speech...