Word: cheaping
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...stars are frontiersmen, exponents of an in-your-face brand of American optimism. And thus sports, as Knight has asserted, are 'the culture of the U.S.' By exporting the culture he has conquered the world for America. Knight, however, does not believe empires last forever ... The pursuit of cheap labor, for example, can redound on the mighty. But Knight also believes in the eternal return-that Nike's pre-eminence can be restored again and again. Geoff Hollister, a sports consultant who has worked with Knight for 25 years, advises rivals: 'Laugh at him once, and see how long...
Hardest hit around the globe are the Europeans, whose exports are being squeezed by the cheap dollar and equally cheap Chinese yuan, which, to the dismay of global leaders, remains pegged at 8.3 yuan to the dollar. China has a large and growing trade surplus with the U.S., and American and European officials argue that the cheap currency gives the Chinese an unfair advantage. Some Europeans are taking advantage of the robust euro to come to the U.S., where everything from iPods to Gap jeans to four-star-hotel stays are suddenly a bargain. (Bookings are up 30% at Germany...
...weak dollar has made European goods so much more expensive. Both European and U.S. officials want China to revalue its yuan. With a hot economy and trade surplus, the Chinese, many Westerners believe, can handle a stronger currency, and there are signs that they will go along. The cheap yuan has begun to translate into higher inflation in China. A stronger currency would relieve some of that pressure. And two weeks ago, officials from the Chinese central bank met in the city of Guilin and asked "a lot of questions about what would happen if they ended the dollar...
...Burt Rutan has opened the door to relatively cheap travel to outer space. His creativity exemplifies the blaze of the American spirit...
Strange leaps through time and space make the movie-in-a-movie get confusing very quickly. While an interesting paradigm, it ends up seeming like a cheap trick to avoid the obvious question—why is a man in his forties never known for his attractiveness playing a twenty-something heartthrob? After a reporter asks Darin whether he isn’t too old to play himself as a younger man, Darin’s brother in law responds by asking, “How can you be too old to play yourself...