Word: echoeing
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...Still, after nearly a year of relentlessly grim economic news, the reaction to Thursday's revelation in Germany and France - Europe's first- and second-largest economies respectively - tended to echo Moec's upbeat bottom line that the two countries had "extricated themselves from recession, which can only be good." Stock markets sure thought so: London's FTSE 100 index rose 1.3% on the news, and Wall Street followed indices elsewhere in Europe with more modest gains. (See pictures of TIME's Wall Street covers...
This is not meant as a condemnation of maximizing fun and living casually. I am committed to wearing runner-soled shoes, watching The Simpsons and making back-of-the-classroom wisecracks on Twitter. But the rampant juvenillization of national life does echo and reinforce unfortunate habits of mind. What do the naughtiest children do? They scream and cry and tell outrageous fibs, like Glenn Beck...
...stimulus package includes spending to strengthen social safety nets and boost domestic consumption, such as subsidies for rural consumers to buy selected electronic goods. In an echo of America's wildly popular cash-for-clunkers car program, a new initiative grants consumers in four provinces and five cities 10% discounts if they trade old electronic goods for new ones. The amounts allocated have been criticized as piddling, but their inclusion in the stimulus spending indicates that China's planners recognize the importance of domestic consumption as a driver of growth, given the steep fall in demand for Chinese exports because...
Marcus Noland, an expert on the North Korean economy at the Peterson Institute for International Economics in Washington, believes that efforts to roll back reform have intensified in the past six months, symbolized by the return of mass-mobilization development strategies that echo the regime's policies of the 1950s. "The whole country and all the people," Kim Jong Il was quoted saying in a January editorial, "should launch a general offensive dynamically, sounding the advance for opening the gate to a great, prosperous and powerful nation...
...more of a visual learner. But don't expect any groundbreaking information. Since the center is research-based, much of what it has published in The State of the Nation's Housing has been reported or analyzed before. The report does, however, offer some interesting insights into how the "echo-boomer" generation could play a vital role in boosting the housing market. But like many economy- and housing-related projections, these figures are just forecasts. If anyone really knew when the housing market would bottom out or reach its peak, there would be no reason to speculate...