Word: marketization
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...excuse me, I have to take my dog to the flea market. She's looking for an old victrola she can use to accessorize her Brooklyn apartment...
...appointment at a store to pick the items they think they'll want in their new place, with or without some help from the staff (a divorce registry specialist, if you will). Afterward, the selections are posted online for family and friends to browse and buy. Based on market research, Debenhams expects most divorce gift list recipients to be men, for the simple fact that more women tend to remain in the marital home after a breakup, especially if the couple has children...
...specifically Anglo-Saxons, for the Greek and Spanish crises, arguing that they have always hated the euro and are now using their hedge funds and media operations to bring it down. Some suggest that speculators are attacking the euro to block moves toward tougher European Union regulation of the market. Others, like European Central Bank chief economist Jürgen Stark, suggest people are perpetrating a ruse to hide the U.K.'s budget deficit. "It's astonishing to see where most of the criticism of the euro is coming from," Stark says. "Much of what they are printing reads...
Nicolas Véron, a senior fellow at the Breugel economic think tank in Brussels, says the theories reflect a virulent public mistrust of the free market in euro-zone countries, particularly in southern Europe. "There is a very long and deep suspicion of markets in these places," he says. But he adds that these countries are guilty of shifting the blame for their own problems. "It is absurd to imply a political purpose in this," Véron says. "This scapegoating is a distraction from the serious political reform that is needed and contributes to ingraining political prejudices...
...cars. As part of its stimulus efforts, the government halved taxes on vehicles with engines smaller than 1.6 L. Combined with the relative health of the Chinese economy, car sales soared. In 2009 mainland consumers bought more vehicles than their American counterparts, making China the world's largest car market for the first time. Even so, the Hummer was a little too big for their taste...