Word: modell
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...people who want a rebuilt car will not buy a new car is that dealerships are empty, as empty as graveyards at midnight. Offering to refurbish cars at a fair price will bring in a lot of customers. Most of those people will at least look at the new models. With $5,000 cash back and 0% financing for a decade, some of those customers will trade in what they have and leave with the latest model. Right now, those potential buyers won't set foot in a dealership. Once their warranties are up, they will go to the least...
...economist Stephen Roach, chairman of Morgan Stanley Asia. Ajay Chhibber, director of the Asia bureau at the United Nations Development Program in New York City, says the tigers can't expect to weather this recession by temporarily increasing government spending to boost growth until Western export markets recover. "The model where you stimulate and [then] go back to the old days is gone," he says...
...support the creation of art. Video game music composition, perhaps more than any other genre, struggles with the stigma of being a monetized art form—one which caters exclusively to a client’s vision rather than the artist’s. This deeply engrained Romantic model of the artist and his muse might result in a public reluctance to accept video game music as a worthy pursuit.“There’s a degree of compromise there, and I think anyone who tells you there is no compromise is lying...
...Overseas, Japan, which just 20 years ago was the subject of books (how strangely they read now) predicting it would overtake the U.S. as the world's No. 1 economy, must cope with a resurgent competitor to its east. China's economic model is now admired around the world as a model, as Japan's once was. Asia has never seen a time when both China and Japan were simultaneously strong. That does not mean such a state of affairs is impossible; it does mean that both nations will need wise leaders if they are not to turn into bitter...
...Above all, Japan has to cope with the fact that the economic model on which it built both its postwar prosperity and social stability is broken. Japan's spectacularly successful export-oriented industries were responsible for creating the world's second largest economy, and their lifetime-employment policies, with generous benefits, obviated the need for a comprehensive social safety net of the sort familiar to Western Europeans. Then came the bubble. After financial markets were liberalized in the 1980s, Japan went on a debt-fueled binge that made modern Americans look as thrifty as Amish farmers. The stock market soared...