Word: contagions
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...said political scientist James H. Fowler ’92, a professor at the University of California, San Diego and one of the paper’s authors. The study suggests that the happiest people are those at the center of a social network, Fowler said, comparing this contagion of emotions to catching a sexually transmitted infection. “For example, in a network of sexual partners, if you have many partners and your partners have many partners, you are more susceptible to catching an STD.” Similarly, Fowler said the most connected people have a greater...
...just 31%. Once esteemed as a beacon of liberty and a defender of Europe against the Soviet Union, the U.S. now faces constant criticism for everything from its lack of action on global warming to its faith in unfettered capitalism, which has lately led to the spread of economic contagion from American banks to the rest of the world. But most damaging to America's global reputation has been the invasion of Iraq, which many Europeans viewed as a dangerous misadventure from the start. "There's concern that America goes its own way rather than listening to its allies...
...reason is that Brown has shifted blame to greedy bankers (he inveighs against "the age of irresponsibility") and to America's subprime mortgage debacle. "It is pretty clear to me that this problem started in America," Brown declared as he unveiled the bank bailout. The idea of a global contagion originating in a distant country ties in with his long-term campaign to reform international institutions to meet the challenges of a globalized economy...
...Goulletquer, head of fixed income markets for Calyon, agrees that rescue plans in the U.S. and Europe have "created a complete menu to address the multiple areas of troubles threatening the banking system," thus staving off what he says would have been a "global depression." Still, he says the contagion and mutation of the crisis from one financial activity to others makes it impossible to know what to expect in macro terms in the medium run. Indeed, Paul Tsang, senior vice president at Polaris Securities in Hong Kong, says he expects the rebound to continue as investors wait...
...Last week, the Big Fear gripped Silicon Valley big time. The always-optimistic entrepreneurs who thrive out here came down with a major case of the Pessimism Flu. The contagion was traced to a special meeting called by Sequoia Capital - the blue-chip venture firm - whose brains and money are behind just about any start-up of consequence. The message the VCs gave their young start-ups? Get profitable...