Word: prosperred
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...that reached a manic zenith in the early years of this millennium. Iraq would be a cakewalk! The Dow would reach 36,000! Housing prices could never decline! Optimism was not only patriotic but was also a Christian virtue, or so we learned from the proliferating preachers of the "prosperity gospel," whose God wants to "prosper" you. In 2006, the runaway bestseller The Secret promised that you could have anything you wanted, anything at all, simply by using your mental powers to "attract" it. The poor listened to upbeat preachers like Joel Osteen and took out subprime mortgages. The rich...
...only U.S. car manufacturer that didn't need a government bailout, Ford Motor was in better financial shape than its peers to ride out the recession. The question now is whether Ford is well positioned to prosper as the global economy begins to recover. The answer from Ford management appears to be: we're not quite where we want...
...premium brand and that will rub off on VW. They could possibly use the Porsche brand name to create a group of premium models like we see today with Audi, but with better brand recognition." Winterkorn will need all of that sex appeal if he's to prosper in the coming recovery...
Feeling protected - surrounding an enterprise with the law and security to allow it to prosper - is essential to business and development, no matter where you are. But it has been Africa's pre-eminent blight in the half-century since colonialism that many of its rulers offered nothing of the sort. The businesses that thrived amid the war, autocracy and corruption of postindependence Africa were of a depressing sort: emergency aid, arms-dealing, disaster journalism and security-ringed extractive industries for whom development was too often someone else's problem. There were exceptions, countries like Botswana and Mauritius and businessmen...
...that the "downturn forced Labour to dump its tarnished rule" and splurge on public spending is generous, to say the least [June 22]. Gordon Brown spent his years as Chancellor spending beyond his means - even as the country seemed to prosper - and desperately breaking Labour's manifesto promise not to raise tax rates to cover his tracks. The severity of Britain's current recession can surely be partly blamed on years of recklessness and a failure to prepare for the slightest possibility of less sunny days to come. The "golden rule" was a cipher from the beginning of the Labour...