Word: harders
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Dates: during 2000-2009
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...total lending for all of 2008- the risk of bad loans is increasing. With small and medium-sized private firms collapsing with disturbing frequency, SOEs offer Chinese banks a margin of safety: an implicit guarantee that the government will ultimately make good on their loans. This is making it harder for China's banks to adopt modern risk-management practices and diversify their traditional customer base, which is largely SOEs. "It's difficult to go on a massive spending binge and at same time create new channels," says Pettis. "The easiest thing to do is more of the same...
...with the Indian electorate. Modi may be trying to make himself more acceptable to a wider audience. Since the Gujarat elections of 2007, Modi has been trying to paint himself as the able administrator who has brought progress and prosperity to Gujarat. The Supreme Court ruling will make it harder to keep that message pristine...
...there are more questions than answers. Most important among them: Exactly what is going on in Mexico, where epidemiologists are still working to understand the swine flu outbreak? Uncertainty, however, is unavoidable when it comes to influenza - a shifty, erratic virus that is harder to get a handle on than, well, a greased pig. "There is no standard picture for how this will develop," said Fukuda. "We don't know...
Whatever the origins, the virus is putting increasing pressure on the capital city. After his Tuesday announcements about restaurants, Ebrard said that if the number of sick rises drastically, he will consider still harder methods such as shutting down the subway system - a move that would really send shockwaves through the economic backbone of the capital. "We need to work together and be responsible," the mayor said. "We are going to defeat this challenge as we have done with all the other difficulties that our city has faced...
There is one statistic in our extraordinary poll and cover story about "The New Frugality" that illuminates a wonderful contradiction in the American character: 57% of those surveyed believe that in this new economic environment, the American Dream will be harder to achieve, while virtually the same percentage, 56%, believe that America's best days are still ahead. It's this distinctively American combination of realism and idealism, of hardheadedness and optimism, that guarantees the U.S. will emerge from our financial doldrums with new energy, new ideas and new purpose...