Word: dollarization
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Dates: during 2000-2009
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What's the last thing people want in a recession? More kids, apparently. According to data-tracking firm the Nielsen Co., dollar sales of products in the "family planning" category, which include condoms and over-the-counter female contraceptives, were up 10.2% for the first two months of this year. Unit sales were up 1.5%, which indicates that consumers are willing to pay higher prices today to prevent crib expenses tomorrow...
...Attorney's office has filed 11 counts against Madoff for his part in a decades-long Ponzi scheme, now estimated in court documents to amount to $64.8 billion, considered the largest in history. In fact, the new dollar amount cited in a Justice Department communication to Sorkin tallies the total size of the fraud, which dates back to the 1980s, at $170 billion, which includes money invested with Madoff, interest earned and payouts to investors as well as the value of things he bought for himself, like a yacht. "The charges reflect an extraordinary array of crimes committed by Bernard...
...from which human equality and the listed inalienable rights are derived is a Supreme Being, “the Creator.” The origin of our nation in religion is also manifest in many of the objects and traditions we today take for granted, like the motto on dollar bills and our celebration of Thanksgiving...
...year - but it sure is now (The S&P 500 is currently around 700). *The price of gold would go to $1200 per ounce. I still feel terrific about that. *The price of oil will go to $80 per barrel...I feel good about that. *The US dollar would weaken later in 2009...I still believe that. *The 10-year Treasury yield would rise to 4% (on Monday, the yield was 2.9%.) I'm still going with that. *China will grow 7% in 2009. That growth estimate may be high, but China will definitely see 5% growth. *State and local...
...jobs in the first place because they know their fields. Forbid such educated people to consult with the companies that develop new medicines and you cut off a valuable source of knowledge. What's more, pharma's largesse also flows to the schools themselves in the form of multimillion-dollar endowments. Whether or not the companies are trying to curry favor, they're also building labs and bankrolling scholarships - something that becomes increasingly important as the deteriorating economy causes philanthropic giving to dry up. No one disagrees that isolating academia from the industry may be ideal, but even many academics...