Word: debt
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...echoes of On Gold Mountain begin midway through, after a dramatic reversal of fortune forces the sisters to leave Shanghai. They wind up in Los Angeles as the reluctant brides to sons of a Chinatown entrepreneur to whom their father owed a gambling debt, experiencing the racism that characterized Chinese emigrant life. And later, as the story moves past 1949, a connection to See's mystery novels emerges, in the form of a key character heading across the Pacific, leaving the door open for a sequel to take place in the modern People's Republic...
...eastern interior, Liberia has signed a deal with Sime Darby of Malaysia for an $800 million, 20-year concession to a 494,000-acre (200,000 hectare) combined palm-oil and rubber plantation. Earlier this year, the IMF and World Bank canceled Liberia's $4.7-billion foreign debt. "I'm not saying Liberia will be a paradise tomorrow," says Richard Tolbert, chairman of Liberia's National Investment Commission. "I am saying we can regenerate this country in 15 years...
AVERAGE STUDENT DEBT...
...American dominance has in recent years been a mixed blessing. Many countries got addicted to selling to American consumers and poured capital into the U.S. to keep the buying going. These inflows kept the dollar strong, making life tough for U.S. exporters; they also saddled Americans with the unsustainable debt loads that led to the financial crisis. Now no one abroad is willing to lend to deadbeat American households, and the U.S. government has temporarily taken over as the world's chief borrower and spender. But as we've just learned from the example of the American consumer...
...Outside her family's Dillingham smokehouse, Palin lays out a robust indictment of the Obama agenda. "President Obama is growing government outrageously, and it's immoral and it's uneconomic," she says. "The debt that our nation is incurring, trillions of dollars that we're passing on to our kids, expecting them to pay off for us, is immoral and doesn't even make economic sense. So his growth-of-government agenda needs to be ratcheted back, and it's going to take good people who have the guts to stand up to him." (See highlights from a debate between...