Word: outputted
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...somewhat privatized. The regime allowed farmers' markets to pop up around the country, and their emergence gave people an alternative source of food. But in 2005 the government tried to reassert its control, broke up the markets and confiscated grain from the farmers, which led to a fall in output. Then in 2007 severe flooding delivered another blow to the agriculture sector; by this year, the country's shortfall of grain was the worst since 2001. The regime's leadership "would rather have a proportion of their population starve to death" than pursue reform, says Nicholas Eberstadt, a North Korea...
...what made the Great Depression so greatly depressing was that it was global. The combined output of the world's seven biggest economies declined nearly 20% from 1929 to 1932. The unemployment rate soared in the U.S. and Germany to a peak above 33%. World trade collapsed by two-thirds, not least because of retaliation to the Smoot-Hawley tariff...
...while we certainly face a global slowdown, we may yet avoid another depression. Now, unlike in the Great Depression, central banks and finance ministries know it's better to run deficits and print money than to suffer massive losses of output and jobs. And the introduction of U.S.-style deposit insurance in many countries means banks are less vulnerable to runs by depositors than they once were. Finally, the possibility still exists (though the odds are slimmer than they were a year ago) that the Asian and Middle Eastern sovereign wealth funds could step in to recapitalize U.S. and European...
...bankrupt economy a "take-away test" to figure out which of your employees you really need. Simply give each worker a nice long vacation - paid, of course (it will be a cost-saver in the long run). Then sit back and see what happens. If your business output suffers and important things go undone, get that employee back. Your company clearly needs him or her. If, on the other hand, you find no discernable fall-off in business, you know what to do: Give him a raise - he's probably a member of the U.S. Senate or the head...
...three musicians that composed the legendary outsider trio Sun City Girls—who founded the label along with Hisham Mayet. The Sun City Girls, composed of Bishop and his brother Richard along with the late Charles Gocher, gained a considerable cult following with their prolific, eclectic output that runs the gamut from folk revival and psychedelic to noise, drone, and experimental world music. While Sublime Frequencies never released an SCG album, the parallels between the band’s evolution and the stylistic samplings of the label are abundant.The label’s mission and appeal can be described...