Word: dooms
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Still, it would be foolhardy to underestimate Miller, given his extraordinary record. And get this: his current perspective is profoundly at odds with that of almost everyone else. With oil trading at about $65 per bbl., fears abound that a further rise will hobble consumer spending and doom the global economy to recession. Yet Value Trust's latest report showed that the fund still doesn't own a single oil and gas stock because Miller, never one to run with the herd, expects oil prices to tumble...
...growing at 9% a year, and Shanghai is the epicenter of the boom, yet apartments there still cost far less than in Hong Kong, Tokyo or New York City. That gap will close, says Marc Faber, an emerging-markets expert who writes a newsletter called the Gloom, Boom and Doom Report. "Eventually," he predicts, "Shanghai property prices will be higher than prices in New York...
...blond man who, with boots on his hands, gracefully mimes both partners in an act of love; the soldiers who maintain a drumming kick step even when facedown on the floor; the snow that sifts to earth as Europe spins toward war. In Vienna, the delights are unearthly, the doom implacably real. --W.A.H...
...slip into Ahab's rasping obsession. Plus, the film's mechanical whale, which looks like a great slab of lard with a cold blue eye, kept sinking when it was meant to swim. But what matters is the saline tang of the location shooting and the acrid foretaste of doom as Ahab sails to his awful destiny, taking his crew and the audience with him on that terrifying ride...
...amidst these prophecies of doom there are beacons of hope. We are fortunate enough to currently possess the necessary technology, policy know-how, and democratic institutions to avoid further devastation. We have already developed wind and nuclear power plants that can produce genuinely clean electricity at a competitive price. So-called “alternative” energy is now thoroughly mainstream...