Word: normale
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...departure from normal practice, the Commission released documents from their January raids meant to expose the schemes. "We need to identify options to obtain or acquire patents to limiting the freedom of operation of our competitors," said one passage from a document seized from one unnamed company...
...drive change by diktat, it's the Chinese Communist Party. Doomsayer Roubini writes: "The government cannot force corporations to spend or banks to lend." In fact, Beijing can do exactly that - and is doing so now. "On the outside, China's banks do look a lot more like normal Western commercial banks," says an investment-bank analyst with a decade of experience in China. "But every single senior officer right down to the manager of the smallest branch in Inner Mongolia is a Party member. And when the Party says, 'Jump or we're all in trouble,' they...
...consistent with rewards and punishments. Most of all, they are in a hurry. They never feel that there is enough time in the day. They quiz kids on their multiplication tables while they walk to lunch. And they don't give up on their worst students, even when any normal person would...
...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. But because of the crisis, over the next 30 years inflation averages just 2%. In both cases, you withdraw...
...historical comparison, the expected rise in the number of impoverished in this recession is relatively normal. During the recession years of the 1980s, the number of people in poverty rose by 9.2 million, an increase of more than a third. The recession of the 1990s was not quite as deep but still increased the number of people in poverty by 6.5 million. But those falling into poverty now face harder prospects and need more government help, Greenstein says, because many social safety nets have been cut away since past economic downturns. (See pictures of the recession...