Word: normalities
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...higher interest rates usually signal better economic times ahead, not worse. For instance, the yield on the 10-year government bond rose nearly 20% in November 2001 - the last month of that recession. Indeed, many economists believe the rise in interest rates now signals a return to normal, and not a sign that we are in for more trouble...
...conference in April: "We are so focused on whether recovery will be at the end of this year or the beginning of the next that we lose sight of the more important question. It's not whether the recession will be over; it's, What does the new normal look like?" (Watch TIME's video of Peter Schiff trash-talking the markets...
...Before the current financial crisis began in 2007, U.S. corporate profits were at their highest level ever, both in absolute terms and as a percentage of gross domestic product. It's awfully hard to imagine a return to that kind of profitability anytime soon. Welcome to the new normal...
...years in Yodok for trying to escape the country. "I was always hungry and cold," he says, recalling life in the camp. He remembers scavenging for dead rodents and snakes to eat. "When I found one, that would be a good day," he says. At his camp, it "was normal for the prison guards to be cruel. No one had hope or cared about anything," says Kim, who was finally released. The camps' pervasive sense of hopelessness is a common theme woven through many defectors' accounts, says Peters. "Any sense of justice is completely absent," he says. "People often...
...scared him out of his wits. With a torn Achilles tendon, there are just two things to do: either sew it up (which means doing a small operation) or put a cast on with the foot flexed down. The cast treatment isn't as good - it won't restore normal power - but there are none of the risks of surgery (like scarring and infection). So he demanded an MRI, which he got, then called his internist to ask for another specialist. "You're not playing any more basketball, at least not the kind that requires jumping...