Word: happening
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...shaping up as different - and tougher - than some previous ones. That's because the financial crisis is taking place at the same time as a real estate downturn, a conjunction that is unusual; in the past, one has often followed the other, but it's rare for them to happen simultaneously. And the problems are being exacerbated by an explosion of household debt in Britain over the past decade, which now leaves people especially vulnerable. Buoyed by rising property prices, households ratcheted up their borrowing to a massive 173% of disposable income, vs. 106% in 1995. That's way above...
...fear is a persistent emotion, one embedded by evolution in our lizard brains. That's why there's no precise economic definition of a market panic; it's more a psychological than a fiscal phenomenon, simultaneously anticipatory (you think something terrible will happen) and retrospective (you think you have waited too long to avert disaster). Swimmers being dragged to sea in a rip current often try to swim directly to shore--against the current--and end up exhausting themselves. Panic can kill...
Animal brains operate mostly in the present and past; they know what's happening now, and they recall things that occurred before. When animals encounter an unwelcome outsider, simply driving away the interloper is thus sufficient, since they don't give much thought to whether the intrusion will happen again. Humans, however, operate with awareness of the future, which means we seek to extinguish not only a current threat but also future ones--and that can mean trying to eradicate the entire group that poses the perceived danger...
...have friends who say [they] think you should get this—and you really hope that they are going to be right,” Chalfie said in a phone interview. “But you never really assume that this is going to happen...
...people isn't at all going to stop an assassin's bullet. The real question begged by these clips from Let's Learn Judo with Vladimir Putin (and again, yes, this is a real DVD): Who is crazy enough to volunteer as his sparring partner? Just think what would happen if that guy in the blue robe reflexively, accidentally flipped Vlad instead of getting flipped. He'd probably up on the front lines in Georgia...