Word: downwardly
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...played a major role in Florida's boom and bust. There are 40,000 condominium units being built right now in greater Miami, and consultant Lewis Goodkin estimates it will take five to seven years just to work through all that inventory. That's five to seven years of downward pressure on local housing prices, construction employment and the like. The great test of the coming months and years is whether the U.S. economy is strong enough to withstand that kind of pressure without buckling. Right now things aren't looking good, but this is an equation with too many...
...bottom line at many newspapers and left many journalists waiting for a pink slip. Gloom and doom about the future of journalism has become the norm and, in the minds of many, Murdoch’s acquisition of Dow Jones is but another turn in journalism’s downward spiral. While such fears are understandable, we believe that, in the long term, news sources that strive for objectivity (even if they occasionally fall short) will always be valued in American society more than blogs and pundits that spin facts but rarely report them. Murdoch’s acquisition...
...TIME: What keeps you awake at night? Meles: It has always been fear - fear that this great nation, which was great 1,000 years ago but then embarked on a downward spiral for 1,000 years, and reached its nadir when millions of people were starving and dying, may be on the verge of total collapse. Now it's not a fear of collapse, I believe we are beyond that. It's the fear that the light which is beginning to flicker, the light of a renewal, an Ethiopian renaissance, that this light might be dimmed by some bloody mistake...
...scene, you could be forgiven for imagining this was a society at peace with itself, run by men who appreciated the arts, reconciled with the role of Islam in daily life. The brutality of the previous month receded in my memory. Perhaps Iran was not caught in a downward spiral after...
...things go bad for a highly leveraged hedge fund, it gets a margin call and has to sell assets to reduce its exposure. Naturally, as it sells, prices drop. The falling prices mean a further decline in the fund's collateral, forcing yet more selling. And so goes the downward cycle. Hedge funds that hold the toxic CDOs can easily undermine those that don't. It can be difficult to sell the stuff that's causing the problem; those markets are beyond redemption. So if you can't sell what you want to sell, you sell what you can sell...