Word: impacting
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...residential REIT--Equity Residential--and thus have an interest in how housing plays out. We're already starting to see investors renting instead of selling homes they bought, because they can't unload them. And a glut of new rental housing could impact rents in buildings like yours. Where is housing headed...
...there are similarities. But in those other scenarios, all of those things happened at the same time as a recession happened. It accelerated the negative. The fact that we've had a financial crisis at the same time as the country is in a growing phase will mute the impact overall. So we'll have a relatively minor correction, but more than likely a correction...
...nearly 30 years ago that physicist Luis Alvarez and his son Walter, a geologist, proposed the giant-impact theory of dinosaur extinction. Their evidence was compelling: a thin layer of iridium in the earth's sediment dating to about the time of the die-off. Iridium is rare on Earth but common in asteroids. The iridium layer, mapped by the Alvarezes in scattered sites around the world, suggested an asteroid that vaporized on impact, spreading a cloud throughout the stratosphere. The argument seemed sealed in the 1990s, when geologists realized that a huge crater centered near Chicxulub, Mexico, was almost...
...evidence that they were, thanks to microscopic fossils of foraminifera, a type of plankton that largely died with the dinosaurs. Precisely dating the dinosaurs' demise is tough because most bones disintegrate before they can be fossilized. Plankton, by contrast, are preserved in ocean sediments. Keller studied sediments near the impact site in Mexico, where a massive bloom of new plankton species should have emerged within a handful of millenniums after the impact, taking advantage of the evolutionary room the extinctions created in the ocean. She found her bloom, all right, but 300,000 years later than expected. She then went...
...Keller's scenario, the Deccan eruptions began perhaps half a million years before the mass extinction. "This leads to greenhouse warming that puts a major stress on the environment," she says. Then came the asteroid impact, which pushed things further toward catastrophe. Finally, 300,000 years later, the eruptions reached their climax, sealing the dinosaurs' fate. "We've shown convincingly," she says, "the mass extinction came about 300,000 years after the asteroid impact...