Word: hopeful
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Dates: during 2000-2009
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...discouraged. Nobody fully understands global monetary arrangements; the best that experts in the field seem to be able to do is worry vaguely. So what are the rest of us to do other than worry vaguely? Think twice about traveling to Europe, maybe, because it's really expensive. Hope a somewhat weaker dollar will help revive this country's beaten-down manufacturing sector - as seems to be happening - but also hope a dollar slide doesn't turn into a collapse. And put at least some of your money into investments (foreign stocks, gold, other commodities) that stand a chance...
...instead points the finger at the U.S.'s profligate spending and weak control of financial markets. Obama is expected to raise the renminbi issue during his visit to China, but with China trying to prop up an export sector that has suffered from the downturn, there is little hope that it will allow its currency to appreciate anytime soon...
...Gang said that as a black President, Obama should be especially sensitive to China's position on Tibet. "In 1959, China abolished the feudal serf system [in Tibet] just as President Lincoln freed the black slaves," Qin told a news conference, according to the Associated Press. "So we hope President Obama more than any other foreign state leader can have a better understanding on China's position on opposing the Dalai's splitting activities...
...Wuling minivan dealership on the outskirts of the western Chinese city of Xi'an provides hope for the future of the global economy. On an ordinary Wednesday morning, customers steadily stream into the showroom, briefly open and close the doors to the displayed minivans, manufactured by a joint venture between General Motors and two Chinese carmakers, and then march over to the front desk to plop down their money. While salesmen in the U.S. struggle to move cars off their lots, Xu Zhanrong, the deputy general manager of the Xi'an dealership, can barely keep the Wulings in stock. Sales...
...designers. "Creativity doesn't stop when the money goes," says Runar Omarsson, co-owner of Nikita, a street-wear line that caters mainly to skate- and snowboarders. "It is important to look at what we have and make something out of it. There are valuable things here, and we hope to get attention for our creations." (See the top 10 financial collapses...