Word: drumbeaters
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Exemplifying the fears bedeviling investors today is the daily (hourly) drumbeat about the dollar and the deficits, especially the "unsustainable" current account deficit. The mantra should be familiar: the U.S. saves too little and consumes too much. We are mortgaging our future, consuming our seed corn. If foreigners stop buying our debt, the dollar will collapse and interest rates soar. The only direction for the dollar is down, and so on. It was reported that former Federal Reserve Chairman Paul Volcker puts the chances of a financial crisis at 75% over the next few years...
...More importantly, the Fallujah operation failed to turn the tide against the insurgency, which Iraq's intelligence chief said last week now comprises some 200,000 men, with its hardened core numbering some 40,000. Besides a daily drumbeat of attacks that have killed hundreds of Iraqi security officials, politicians and civilians, they have also expanded their capability to hurt U.S. forces. The suicide bombing of a Mosul mess tent last month that killed 18 Americans may have seized the headlines, but equally disturbing are three roadside bombings in the past week in which two Bradley armored vehicles...
...Harvard, not to be robbed of its third Ivy win, came out even stronger when the storm blew over. Taking the field to the drumbeat of a few diehard Crimson fans, it battled for another 24 minutes before sealing the victory...
...Iraq war is being portrayed as an unmitigated disaster. If that's the only drumbeat the American public hears, many people are going to feel apprehensive and negative about it. My parents told me that after World War II, many cases of brutality and viciousness occurred in Europe--like the aftershocks of an earthquake. But eventually order was restored and life in dictator-free societies was allowed to thrive. That is the reality of war. You don't have instant peace, affluence and harmony just because a document has been signed. I am convinced that the result, perhaps many years...
...deterioration in a key source of external growth could have a major impact domestically. Dramatic effects can also be expected in Taiwan and Hong Kong?economies that have become appendages of the mainland's production platform. A slowdown in China puts all that at risk. Meanwhile, in America, the drumbeat grows louder for a shift in U.S. monetary policy, presaging higher borrowing costs. With the American economy surging at a 5.5% average annual rate since mid-2003 and employment finally on the rise, a 1% federal funds rate is a joke. A year ago, the Federal Reserve implemented an "emergency...