Word: creditably
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...dramatic rise in borrowing, which lifted the prices of all assets, including stocks, real estate, commodities, bonds, art and wine. As U.S. consumption boomed, the nation's trade and current-account deficits exploded. But when economic growth is dependent on accelerating debt growth, the supply of money and credit has to continue accelerating in order to keep the good times rolling. This is no longer happening-not just because the Fed has tightened credit but because the market has done so. In late 2006 some cracks in the credit system were already becoming visible when several sub-prime lenders went...
...recent turmoil just a short-term correction in a rising trend, as the Goldilocks crowd maintains, or are we faced with the beginning of a bear market? I believe it's the latter. For a start, monetary conditions and international liquidity have tightened as a result of slower credit growth and a housing slump in the U.S.-and no matter how much money the Fed injects into the system, housing is unlikely to recover swiftly because ultimately prices depend not only on money creation but also on demand and supply. Equally ominous, equity valuations remain decidedly unattractive in most markets...
...Currently, only one credit from a secondary field can double-count toward anything else: a concentration credit, a Core requirement, or a language citation. This means that students in multidisciplinary concentrations cannot get secondary field credit in any overlapping department. For example, Social Studies concentrators cannot apply to receive a secondary field in government, economics, sociology, history, or philosophy, even if they have taken the requisite set of courses...
...Their interactions constantly conclude that the Mac laptop fits an urbane, exciting lifestyle—though with a reassuring wink to consumers, so as to not presume that the ad actually sells you. But the message is clear: Personality is an extension of where you swipe your credit card...
...share with some of my close male heterosexual friends has far more to do with the enjoyment of a good joke than with homophobia. It goes without saying, of course, that we are “post-homophobic” (or—and here I must give credit to blockmate Jeremy Hartman—“PoHoMoPho”). Simply put, for me it is a given that the value my straight-boy friends place on me has fundamentally nothing to do with my being gay. And while my closest friends can find humor in nearly any idiot?...