Word: panic
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Dates: during 2000-2009
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...crash scenario," says EFG-Hermes managing director Hashem Montasser. "The economic situation is still very sound. [But] we will see a deceleration of prices, and it's probably a good thing as long as it's done in an orderly way and doesn't turn into a panic. The market has gone to where it is too quickly...
...reason for the relative lack of panic so far is that Dubai real estate remains a financial haven for wealthy individuals from less stable countries like Iran and Pakistan. What's more, Dubai's property sector is dominated by a handful of companies--collectively dubbed Dubai Inc.--that are directly or indirectly owned and controlled by the government. Some argue that Dubai's authorities could thus avert a bubble burst by keeping finished projects off-line until conditions improve. Also, in the event of a systemic threat, Dubai can probably rely on superrich Abu Dhabi for a bailout...
Congratulations, Mr. President-elect. And best of luck averting Depression 2.0! In the meantime, forgive me for reaching for the panic button: with unemployment expected to move into the double digits, I'm looking for a way to survive until you get us out of this mess. So here's what I'm thinking, and please do not tell my wife: I'm planning on turning my basement into a full-service karaoke...
...close as 2000's. Obama does have an unexpected lead (of an average of about 4 points) over John McCain in the Florida polls. Yet it's narrow enough, and the number of independent voters - almost 20% of the state's electorate - is vast enough, to make this another Panic on the Peninsula, for which every vote matters. "Florida," Gore warned, "can once again decide the outcome of a national election...
...quarterback…[Pizzotti] had some times where he got flushed and couldn’t find a place to go with the ball. They ought to appreciate the way that he played; he didn’t throw the ball in the air, didn’t panic, took the hit, was nifty, made some people miss. I’m not sure that running the ball was their intent either. It just turned out to be a great option...