Word: demande
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...inflation - their main concern at the time of the Beijing Olympics in August - is gone. At a high-powered international financial conference in Beijing over the weekend, a senior People's Bank of China official acknowledged to TIME that "if anything, we now need to fight against falling demand and possibly even falling prices." (See pictures of the global financial crisis...
...number of credit-worthy borrowers - whether corporate or individual - shrinks. In other words, financial institutions that got into their current egregious situation by making bad loans aren't going to recover by making more bad loans. Thus a declining economy leads to contractions in lending, which further dampens demand...
...argument that students who waited too long to get a ticket created their own problem is moot: The available supply obviously could not meet demand, and even if everyone went on the same day, some students would be left without a ticket. By increasing the number of tickets available for undergraduates, Harvard will make The Game more enjoyable for everyone, including the football players who deserve to have as many fans cheering them on as possible...
...Just as China's economic boom fueled a roaring demand for the raw materials of much of Asia and Africa, so has it spurred an insatiable appetite for recyclable scrap paper, plastic and metals. In recent years, amazing stories have emerged around the world about stolen manhole covers, junk haulers making healthy salaries, and coins being melted down because their value as scrap, with China the big buyer, exceeded their face value. China's scrap trade has lifted the fortunes of both the very wealthy - such as Nine Dragons Paper CEO Zhang Yin, whose recycled-paper manufacturing company made...
...Slowing consumer demand in America and Europe has cut output at Chinese factories - although China's exports grew at an annual rate of 19% in October, some economists believe that could fall below 10% by the end of the year because of lower Christmas-season orders for products like electronics. And China's notoriously thrifty consumers haven't made up for the drop in foreign demand. Amid the global turmoil, their expectations for rising incomes are at the lowest level recorded in years. All of that threatens to turn Dongxiaokou from the epicenter of a bustling recycling economy into...