Word: feds
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...implications as well. Wrangham argues that the control of the flame gave rise to traditional gender roles, as cooked food became a valuable commodity. “The possibility of [food] theft prompted a primitive protection racket in which women are protected and men get the advantage of being fed,” he said. In previous research, Wrangham studied chimpanzees, even working with famous primatologist Jane Goodall in Tanzania. “They are a good model for human ancestors 6 to 7 million years ago,” he said of the early primates. It is while observing...
...more fed up with the recession than Christina Calleja, 25, a real estate broker's assistant in New York City. Over the past year, she has fretted over every single expense. She has stayed home on Saturday nights and refused to eat out. Instead of buying a lotion that would smooth her skin, she would sample one at a department store. "Psychologically, obsessing over everything you buy is so exhausting," says Calleja. "Everyone talks about the recession everywhere you go. It's always in your face. It gets annoying...
Almost every analyst or forecasting group of any substance has offered opinions over the last few weeks, regarding the performance of the economy for the last half of this year. Paul Krugman, Alan Greenspan, Paul Volker, and several other members of the Fed, posted their forecasts. The CBO and FOMC issued long reports weighed down with unimaginable data and their projections...
...others see it coming early in 2010. There is a near certainty that the nausea inducing drop from the fourth quarter of last year through March is over. It is either over because of the economy's natural resilience or the money poured into the economic system by the Fed and other central banks. Before anyone figures out for sure why things have started to improve, it will be too late to matter for anyone other than the historians. There will be another financial and market catastrophe in the fall, if none of the remedies has worked. The question...
...summer will seem unusually long for businesses, people out of work, the Fed and the Treasury, and the tens of millions of Americans who have a direct stake in an economic recovery. The normal slowing of economic activity during the summer season will make any progress seem like walking through water. The seasonal drop in real estate markets could increase the fear that this sector is in worse trouble than it really...