Word: fallout
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Dates: during 2010-2019
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...banks not as evil empires to be toppled but as moneymaking machines to be restrained, so that the panic and bailouts of two years ago are never repeated. Just because it's populist, he likes to say, doesn't mean it's wrong. (See award-winning pictures of the fallout from the financial meltdown...
...India, meanwhile, isn't experiencing nearly the same degree of fallout from its recession-fighting methods. The government used the same tools as every other to support growth when the financial crisis hit - cutting interest rates, offering tax breaks and increasing fiscal spending - but the scale was smaller than in China. Goldman Sachs estimates that India's government stimulus will total $36 billion this fiscal year, or only 3% of GDP. By comparison, China's two-year, $585 billion package is roughly twice as large, at about 6% of GDP per year. Most important, India managed to achieve its substantial...
...appeal to consumers, will survive. Judging from the automaker's new advertising campaign - which extols the reliability and durability of the company's vehicles and notes that 80% of the Toyotas sold in the past few decades are still on the road - company executives are clearly concerned about the fallout from sharply rising recalls. Another sign of their anxiety: the automaker is stepping up plans to make some expensive safety options, like electronic stability control, standard in all its vehicles. (See the history of the electric...
...teenager two years ago. Then came the allegations that she had obtained $80,000 from two property developers to help her lover set up a café and that Peter Robinson, upon learning of the deal, failed to report it. Finally, following days of lurid headlines, the political fallout began...
...they try that, what do you think the fallout will be? I think they'll pay for it dearly in 2010. I think people will be outraged, regardless of party, if they let that happen. And right now, the majority party seems to be the party pushing it through. What's the hurry? I mean, really, if we are going to do something, let's do it right...