Word: glut
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...launched in 1911 to prevent railroad barons from buying off the legislature. But lots of things seemed smart back then, like having Asians focus on manual labor. Now special interests spend $100 million on advertising and can send out enough troops to control an election, especially since the glut of elections keeps people with jobs and the ability to drive at night from showing up. On May 19, only 25% of voters turned out. Even the heated 2005 mayoral runoff between then mayor James Hahn and Antonio Villaraigosa moved only 29% of the people, and most of them were sleeping...
...crucial manufacturing and export sector must revive. Otherwise, Wood says, stimulus spending could result in a "skewed outcome": billions of dollars in loans made to artificially boost growth could start to go bad, dragging down China's banks; at the same time, the country would remain saddled with a glut of factories producing a vast surplus of goods no one wants...
...industry's woes are twofold. First, developers are having a hard time selling new units because of the glut in resales. At the same time, the seized-up credit markets are making it difficult for developers to securitize loans they provide buyers. Defaults on time-share loans climbed to 12% in March from 8% at the end of 2008, which has spooked lenders. This means developers lack cash to lend...
...that's the case, then why the glut of blended sugars rather than pure glucose in our foods today? Glucose isn't as sweet as fructose, and because our collective sweet teeth have become accustomed to a certain level of sweetness, anything less might be unsatisfying. "The proportion of fructose in food probably hasn't increased that much, since high fructose corn syrup simply replaced sucrose in many cases," says Havel. "But people are also simply consuming more sugar in their diet." In fact, if you think that the study subjects drank way more sweetened beverages (25% of their daily...
...glut of investment led to what economists call an "underpricing of risk," as lending standards were weakened and leverage grew. Economists now widely agree that the systemic sloshing about of capital was a recipe for disaster. If a lack of regulation allowed the fire to spread quickly, the global trade imbalance provided the dry kindling to start...