Word: happening
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Dates: during 2000-2009
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There's not much to add to the first point - that really bad stuff can happen - other than to note that capitalism has just experienced the equivalent of a meteor near miss. But the second and third points demand more explanation. The reason a big federal debt undermines the dollar is that a government with really big debts will be tempted to inflate its way out by printing money to pay creditors. Printing more dollars (the process actually involves the Federal Reserve's purchasing government securities with dollars it conjures out of thin air) reduces the value of existing dollars...
...seemed odd to you that, in all their public appearances, the crew never acknowledged Ziegler or the plane's design. Having been around aviation all my life, I was struck by that. After a close call, the normal reaction is to say, "God, what a machine!" It didn't happen in this case. I know the people at Airbus were very aware of this and were peeved by it. [The lack of credit] did not happen in a void; it happened in a historical context of the advent of fly by wire and ... the larger decline of the airline profession...
...detail some other harrowing encounters between airplanes and birds, though you note that most bird strikes don't cause serious damage. How concerned should the flying public be? Pick your worries in life. They will continue to happen, but it's very rare. This U.S. Airways flight swallowed a lot of geese. It's just not within our technological ability to design engines that can handle that...
...hard to tell if the skeptics are right. China is like the proverbial elephant being described by blind men: anyone can say anything depending on which part they happen to be touching. Jim O'Neill, head of global economic research at Goldman Sachs, is dismissive of the doubters. "I've seen similar sorts of stories about 20 times this year," O'Neill said last week during an interview on Bloomberg TV. "These are generally written by people that obviously just don't follow closely or study China." He maintained that, if anything, China's economic strength is being underestimated...
...Council and he has been criticized by detractors for lacking experience.“Felix’s relevant skills [are demonstrated by] work outside of the UC—the student groups perspective," saaid Kim, "He knows how to work across student groups to make things happen. He really knows how to reach out to all the cultural groups and student organizations around campus...