Word: normalization
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Dates: during 2000-2009
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...than buying clothes. It is an escape from Black Friday,” said Suzanne M. Wolfe, who shopped with her son Medical School professor Richard E. Wolfe. Ivy League outfitter J. Press was minimally affected by the day, according to General Manager Denis E. Black—a normal occurrence for the store, he said. Their male clientele was most likely completing holiday shopping for the family on Black Friday, and would return to J. Press the next weekend, Black said. In light of economic developments, Cambridge business operators were marked in their optimism. “In this...
...There’s never been a month in my 20 years at the union where nobody got laid off at the university,” he said, referring to normal fluctuations in employment. “Saying ‘no layoffs’ is an oversimplification, so we’re going to make sure that there is as little impact as possible on our members because of this...
...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...
...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...