Word: lynching
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...during which the mainland's once small and isolated economy became much bigger and deeply integrated into global commerce - making it more exposed to the business cycles of its big trading partners like the U.S. "The huge elephant in the China shop is the slowing global economy," says Merrill Lynch Asia economist T.J. Bond, who cites an obvious reason: China's manufacturing sector, which accounts for 43% of China's GDP, depends heavily upon sales to the West. Some 40% of China's exports go to the U.S. and Europe, and with potentially deep recessions setting in there, economists...
...Government action could shield the Chinese economy from the worst of a global slump. Indeed, economists currently say China ought to remain a relatively bright spot amid the economic gloom. Merrill Lynch estimates that China will account for 40% of world GDP growth in 2009. Continued strong Chinese demand for raw materials, machinery and consumer goods is expected to prop up other Asian economies - the region as a whole is projected to dodge a recession next year...
...Probably about the same time trillion-dollar deficit spending and torture did. Let me ask you: When has the miscegenation card not worked? Bang that drum: Have you seen these crowds Sarah’s been drawing? Talk about fired up.” “Listen, lynch-mob fired-up is not the same as Rock-the-Vote fired-up. It kind of looks, to me, like we’re tapping a nasty vein here. We used to be about NASCAR dads, not crypto-Klansmen. What happened to compassionate conservatism, ‘values voters?...
...Turns out Stone doesn't want to be the final guy to join the lynch mob. Rather than a denunciation of Bush (hagiography is out of the question), he offers a fairly straightforward life. The film moves simultaneously on two chronological tracks: Bush's life from his Yale undergraduate days in the mid-'60s to his governorship of Texas in the mid-'90s, and his Administration's 2002 preparation to invade Iraq...
...first real look since the weekend at how much, if at all, credit has thawed. The rest of the week will bring a slew of economic reports - retail sales, consumer prices, housing starts - and corporate earnings, including those from financial firms such as JPMorgan Chase, Wells Fargo, Citigroup, Merrill Lynch and BlackRock. Will those reports send stocks soaring or back into the trenches? It's a great question - with an unknowable answer...