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Word: jitterish (lookup in dictionary) (lookup stats)
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...have been downgraded from 6.52 percent to 6.36 percent. "If this drags on, Taiwan will lose its competitive edge of market stability, and in a way that is Beijing's ultimate message," FlorCruz says. "China doesn't have to invade Taiwan to disrupt its peaceful environment. Investors will be jitterish. Markets will be wobbly. No economy can absorb such a protracted beating." Taiwan had been hit by economic problems before the crisis with China began last summer. The highly speculative real estate market was hit by a string of collapses and bounced checks, affecting both the stock market...

Author: /time Magazine | Title: The Economic Fallout | 3/15/1996 | See Source »

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