Word: coma
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Dates: during 2000-2009
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...definitely more than those 401(k)s that have borne the brunt of the slowdown so far. So a true real-estate bust, in the manner of the one that hit the U.S. in the late ?80s and early ?90s or the one that sent Japan careening into its coma at about the same time, would almost certainly spell recession - with a capital...
...assisted living facility where they unfortunately didn?t hold Catholic mass on the weekends," she says. "I tried for weeks, but I couldn?t find a priest to come visit my mother. Finally, a priest was able to come, but by then she was in a coma. It was incredibly upsetting...
...Inflation is technically the Fed?s chief enemy, but at a time when the world?s economies are in various states of slumber, from the U.S.? hangover to Europe?s lethargy to Japan?s coma, deflation is its worst nightmare. Deflation happens when people simply refuse to buy stuff, and any money that gets put into the economy by the central bank just sits there, unborrowed, uninvested, unspent. And there?s almost nothing a Greenspan can do about it, except wait. (Hey - he's fine. He invested in Treasurys in 2000 and beat the Street by a mile...
...prop prices. In Europe, the single-currency system called the euro may be fighting for its survival if stagflation continues to cripple the region. And in Asia, Japan's new Prime Minister is struggling to carrying out his ambitious reform to revive economic growth. Failure will deepen Japan's coma and take Asia with...
...stocks and bonds alike with the prospect of cheaper money and stimulated corporate investment. And bad news there was - the Conference Board reported that consumer confidence fell in a July of stagnant stock prices and rising layoffs, and the National Association of Purchasing Managers said that manufacturing, in a coma for many months now, was still getting worse...