Word: cheaping
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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...
...Hussein's plight reflects one of the burgeoning problems of the global downturn. Countries that built successful economies in part on the backs of cheap migrant workers now face upheaval in their labor markets. In places like Taiwan, Malaysia, South Korea, and the Gulf states, companies are folding, factories are closing, and thousands are losing their jobs - meaning migrant workers like Hussein are being shoved out of the labor pool and into a tenuous half-life on the margins of the world economy...
...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...
...course, the hope of the Treasury's PPIP program is that with cheap loans from the government investors will be willing to pay more. Why would they do that? Like lower prices, leverage boosts returns. So an investor buying an asset in part with loans should be willing to pay more than someone who has to buy that same asset with just their own cash. Based on TIME.com's analysis, an investor, using the 6-to-1 leverage the government is providing, can pay as much as $0.70 per dollar lent, and still expect to get the same return...