Word: markets
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Dates: during 2000-2009
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Strickland knew there was a global market for rubber wood, which is used for furniture and medium-density fiberboard. He also knew there was an emerging market in wood power generation. Wood may not be the most efficient energy source, but replacing a tree with a growing sapling is basically carbon neutral because the sapling sucks in more carbon dioxide per mass than a mature tree. With volatile oil prices and environmental concerns boosting interest in wood energy on both sides of the Atlantic, Strickland saw an opportunity. "We're the closest supplier to Europe and the U.S.," Strickland says...
...tackling infrastructure [and reactivating] our mines, forests and agriculture. We [got] all the U.N. sanctions lifted on our diamonds and forestry. We restructured the civil service and scaled down government. [We are working on] the restoration of basic services, such as schools and the improvement in conditions of our market people. If there's anything more important, we have restored hope of our people in the future. The challenges remain many. First and foremost unemployment. [Then] the fragility in our security situation [which] manifests itself in armed robberies. We've got the challenge of corruption [and] bringing people to justice...
...their system, but if the rest of us were to get exactly the same coverage, it would be--gasp!--Socialized Medicine. I have to assume these gentlemen have no idea what it would cost to replace their coverage, given their ages and pre-existing conditions, in the free market they admire so much. David Kelly, TUCSON, ARIZ...
This is the best time. When times are bad is when the real entrepreneurs emerge. Entrepreneurs don't really care if the market's up or down. They're creating better products and better processes. So when somebody says, "Oh, there's less opportunity now," it's because they're losers...
...talk about the profits that can be made flipping real estate properties. Did you take losses in the market downturn of the past few years? Kenny Smith, BOSTON...