Word: mayhemic
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...economy is just like that train. Set it on a course of mayhem, unbridled, and it will stay on the course inexorably and indefinitely...
...headlines will always track the mayhem more than the mystery, but if you look at all closely, there's another story to tell. Maybe the fascination with the rise and fall of the Wall Street titans is that unlike past recessions, this one affects everyone. It's hard to feel sorry for people for whom retrenchment means shifting from the private jet to commercial first class, but it does mean we're all having the same conversation, and psychologists point out we're happier when we're all in the soup together. The notion that misery loves company...
...Such sentiments weren't so controversial when regional growth rates marched upward with metronomic precision. But as Asia faces a global financial crisis, flexible and responsive leadership is all the more crucial. While the specter of economic mayhem catalyzed one of the most dynamic presidential campaigns in recent U.S. history, it has done little to spur Asia's democracies into action. Japan's parliament is unable to decide on an economic-reform package, while Malaysia and Thailand engage in partisan politics that has little to do with how to shield these export-led economies from a slowdown in the West...
Zooming to and from scenes of murder and mayhem, the medics swap anecdotes of their ordeals. Last year, recalls medical student Juan Carlos Saavedra, 24, a group of gunmen held up an ambulance, smacked around the medics and shot their patient dead on his stretcher--finishing off a victim who had survived an earlier hit. "One bullet was shot right next to the oxygen tank. If it had been a bit closer, the whole ambulance would have exploded," he says, miming the shooting with his fingers. Masked gunmen have also stormed into city hospitals to send the wounded on their...
...time of global economic peril, Thailand will suffer just as badly as it did back when the Democrats were last in power. That was during the wake of the 1997 Asian financial crisis when the party's inability to discipline unwieldy coalition members led to political paralysis and financial mayhem. Instead of taking decisive action to gird the economy, politicians seemed to spend more of their time squabbling with each other and cooking up corrupt deals that alienated the public. Now that Thailand will be governed by yet another unlikely coalition, no one wants a repeat of that painful period...