Word: ironized
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Dates: during 2000-2009
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When the movie Iron Man hit video stores Sept. 30 - the same week Congress was squabbling over the $700 billion bailout bill - it sold 500,000 copies on Blu-Ray in seven days, a record for the nascent high-definition home entertainment format. In bad times, we still need our good times, maybe more than ever. At least that's what the companies that sell TV, movies, video games and other recreational commodities are counting on as the economic crisis deepens. "People are feeling like they're depriving themselves of fun they would be having by buying...
...carry it through the downturn. With Blu-Ray players now available for less than $200, Adams expects consumers to adopt the high-def format as readily as they did VHS during the 1981 recession. "Household adoption of new technologies seems to shrug off recessions," Adams says - and as the Iron Man sales show, worrying economic news doesn't seem to be slowing consumers down...
Europe's schadenfreude about the self-immolation of American capitalism did not last very long, and those who crowed about the humbling of the "hyperpower" should have known better. For it is an iron law of global economics that America goes first, and Europe follows; that has been true at least since the Great Crash...
...doesn't attempt to pass as a local; the details and pentatonic scale may come from Chinese folk music, but the playful melodies are rooted in pop. The fluttering female voices on "Heavenly Peach Banquet" resolve as the la-la-la-la-las from Minnie Ripperton's "Lovin' You." "Iron Rod" sounds like R2-D2 rapping on a dance floor. "The Living Sea" is a ballad of such delicacy that it feels like a love song in any language. The music does a fair job of telling Monkey's story, but that's far less interesting than the ambition...
...everything that the Chinese have manufactured, from toys to apparel, and in return the Chinese have helped to finance America's deficits by accumulating ever larger amounts of U.S. debt. If their economy hits the brakes, Chinese will buy fewer GM cars, Chinese steelmakers will use less U.S. iron ore, and Beijing may want to use its cash reserves for other purposes, including investment at home to stimulate its own economy rather than to bail out the U.S. Treasury...