Word: downturning
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...natural hypotheses are the Gen Ed requirements and recent macroeconomic conditions, as well as mere random variation,” he wrote in an e-mail when asked about the reasons for the downturn. “But I am not at all sure how to sort out which of these hypotheses is correct...
What role does the Federal Reserve have in our current economic downturn? -Brad Thomas, Kalamazoo, Mich. The Federal Reserve is the key element in the formation and collapse of financial bubbles. They're a government unto themselves. They print their own money. So if people have any concern whatsoever about the serious financial problems that we have, they have to know about what the Federal Reserve is doing...
Mission accomplished--so far, at least. In the face of a financial shock probably worse than the stock-market crash of 1929, massive government intervention averted a second Great Depression. Yes, we still got the worst economic downturn the U.S. has seen since. But while there are surely lots of potholes and wrong turns ahead, the economy--both in the U.S. and worldwide--appears to be in the early stages of a rebound. We have decisions made by government officials to thank for that...
Last year, HCGHAC campaigned in support of University investment in a global health center and in research for neglected diseases, but the global economic downturn prompted the group to reevaluate their priorities...
...masses not entrust their president with lots of power). Then, in May 2008, came Dmitry Medvedev, causing many to fret that the new president would not be as tough or undemocratic as his predecessor. Then came last September's Lehman Brothers collapse, triggering a global financial meltdown; the downturn fueled fears in Russia that the country was facing another crisis a la 1998, when tens of millions saw their pensions wiped out by inflation and Russia did indeed look to be unraveling. (See pictures of the remnants of Siberia's mysterious 1908 explosion...