Word: disasterous
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And, yet, when it comes to chaotic situations, Hungary has seen the worst: The stark depreciation of the florint in international markets means that over half of the mortgages in the country (denominated in euros, just like everything aimed to tourists in Budapest) have become unpayable. Macroeconomically, the state has...
This is where the euro should come in. Europe’s currency is a true financial miracle—when it was created just over a decade ago, everyone thought it would fail. Milton Friedman famously predicted it would be a disaster, and the Bank of England had stress...
The new populist superstar of Fox News has made a refrain of predicting that government policies are leading to disaster - dark, ruinous, blood-in-the-streets kind of disaster. Pausing for a 17-minute speech rebutting his critics for calling him "dangerous" and "crazy," he took out the block-tower...
The government is not alone in having trouble finding the key to the housing disaster. Almost all of the arguments and forecasts about residential real estate run in circles which may be why it is so hard to tease out what the real issues are. Only three things are certain...
Think that doctors only work in hospitals? Think again. Institute of Politics Fellow Howard A. Zucker has shed his scrubs for a life in the political sphere. Zucker will be at the IOP for the entirety of the spring semester as a fellow, so FM decided to probe deeper into...