Word: excessions
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...maybe not. The worst of the crisis is almost certainly behind us, but that doesn't mean the crisis is over. Lying ahead are a slew of unresolved problems, policy challenges and, no doubt, further surprises. Unemployment remains a serious global issue, and may yet get worse; excess capacity left over from the boom years haunts the recovery; and the drastic stimulus programs utilized to fight the recession are creating a new menu of potential troubles. Dominique Strauss-Kahn, managing director of the International Monetary Fund, said in an address in London in late November that "the storm has passed...
...fell in October, delinquencies, or late payments, rose - a sign that financial firms could expect more losses down the road. Japan, which experienced its fastest growth in two years in the third quarter, is dealing with the nasty problem of deflation, an indication that the economy is suffering from excess capacity. The falling prices, by eating away at the financial health of companies, could lead to more downsizing and slower growth. "The recent price falls are not right and worrisome," Japan's Finance Minister Hirohisa Fujii recently said. (Read "Abu Dhabi: An Oil Giant Dreams Green...
James Poniewozik's "Moderation in Excess" explains how pursuit of the "fair and balanced" chimera leads media into distortions of "moderate bias" [Nov. 16]. But good reporting is even more profoundly subverted by the obsession with being "first" or "exclusive." All three misguided objectives compromise attainment of the ones that ought to be most prized--thoroughness and accuracy. I find that old-fashioned weekly or even monthly media do best at serving that ideal...
...only one singing this song. Anti-consumerism groups like Adbusters and the Church of Stop Shopping have been buoyed by the recent hiccup in the Age of Excess and are protesting against shopping centers with renewed zeal. The Center for the New American Dream, which promotes responsible consumption, is out in full force this holiday season, explaining how to give gifts that don't include buying things at the store (for example: coupons for free babysitting...
...little dopamine, meantime, can lead to movement disorders like Parkinson's disease. An excess is thought to be a cause of schizophrenia. The research suggests that most of us should not try to manipulate our dopamine levels with drugs. On a therapeutic level, however, interfering with the chemical could lead to new treatments for conditions as varied as drug addiction and mental disease...