Word: nesting
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Dates: during 2000-2009
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...slashed on everything. And if the current malaise drags on, it will take a major bite out of inflation - one that could literally offset the decline in your portfolio. "The real enemy of retirement is inflation," notes Fisher. He points to this model: Say you have a $2.5 million nest egg that is growing 7% a year. In one scenario, you have no extraordinary economic events and normal long-term growth that produces inflation of 4% a year as you age from 65 to 95. In the second scenario, a severe recession knocks your portfolio down to $2 million...
...creatures are encased row after row, 400 to 500 pound mammals trapped without relief inside iron crates seven feet long and 22 inches wide. They chew maniacally on bars and chains, as foraging animals will do when denied straw, or engage in stereotypical nest-building with the straw that isn’t there, or else just lie there like broken beings. The spirit of the place would be familiar to police who raided [a puppy mill] only instead of 350 tortured animals, [there are] millions—and the law prohibits none...
...Xiqun, 22, runs a tiny shop selling soft drinks, beer, toothpaste, hot sauce, instant noodles, cooking oil and toothpaste. She and her 28-year-old fiancé had planned to marry this year. Then the earthquake struck, flattening their house and burying their wedding nest egg, which they had just withdrawn from the bank. At the time, money was the last thing on Luo's mind. "I wanted to live," she says, as she stands inside her store wearing a puffy orange jacket to ward off the chill. "No one else in the same building made it out, but somehow...
...live in makeshift houses, among which Luo Xiqun, 22, runs a tiny shop selling soft drinks, beer, hot sauce, instant noodles, cooking oil and toothpaste. She and her boyfriend Yang Yong had planned to marry this year. Then the earthquake struck, flattening their house and burying their wedding nest egg. At the time, money was the last thing on Luo's mind. "I wanted to live," she says. "No one else in the same building made it out, but somehow I survived." Luo walked five days with an injured foot and no shoes to make it to safety...
...Thicke will perform. Add to that a new 40,000-square-foot spa (where you can warm the marble of your Turkish hamam bed), an adjoining hotel-condo tower, upscale restaurants, clubs and boutiques as well as spectacular lobby chandeliers created by Ai Weiwei, who designed the Bird's Nest stadium for the Beijing Olympics, and you've got a bash the cast of Entourage would die for. (See pictures of the 2008 Beijing Olympics...