Word: leveller
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...bottom of any kind of bear market you get some level of fear and capitulation. It's hard to know the precise point of the extreme, but today there are many things that tell me that fear is way over the top, not the least of which is the level of cash holdings by private households and businesses as a percent of GDP - it's at a post-World War II high. There's so much sideline buying power - dry powder - and everywhere you look and it shows up in the Fed's statements. Part of this is because...
...years, participants who went to at least two-thirds of the counseling sessions dropped about 22 lb., 13 lb. more than the average of the entire study population. "Losing weight and sustaining it for two years is difficult," Sacks says. "To help people do that, they need some level of support to keep their motivation and focus...
...reinforce support for going green. "To us, going for lower energy use is like a sport," he says. That sense of communal competition is shared by Denmark's Scandinavian neighbors, and may help explain why countries like Sweden and Finland are also among Europe's greenest. On a regional level, cooperation is a necessary component of Denmark's success - the Nordic nations share an electrical grid, and Denmark can take power from its neighbors when there's no wind and sell it when the breeze blows. But it also has something to do with the way people in the region...
...internships to nearly every qualified applicant are over. Unfortunately, most summer internships do not cover rent and plane tickets or offer a lavish monthly bonus—the way things are going now, you may not be paid at all. Those Harvard students who simply assumed that an entry-level analyst position would somehow magically materialize for them will now have to learn the hard way that finding a summer job is a truly difficult process...
...Regardless of what my peers choose to do this summer—some will indeed be working at finance firms, while others may travel, volunteer, or work in different industries—we should all keep in mind that there are many other careers besides that of an entry-level financier. We should all sit down and actually think about what we want to do with our lives—and by that I mean more than the first job after graduation. The financial crisis should serve as an opportunity for every undergraduate at the College to ponder their life...