Word: reasonsable
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There are plenty of reasons to believe that small businesses aren't getting the credit they need. In the last three months of 2009, business lending at smaller banks, which tend to cater to smaller companies, was down at a 13% annual rate, according to the Federal Reserve. Not only...
Nor, among home buyers in China, is there a significant amount of debt financing. According to Patrick Chovanec, a professor at Beijing's Tsinghua University who studies the Chinese real estate sector, only about 50% of residential purchases are made using mortgages. The other half are paid for in full...
None of this means, of course, that the market is safe. Indeed, people caught up in a bubble typically offer seemingly solid reasons as to why the bubble won't burst. In Tokyo in the early 1990s, it was said that property prices wouldn't crash because in mountainous Japan...
Our engagement with Shep's private war between doing the right thing heartwise and doing the right thing headwise saves the novel. In its second half, So Much for That becomes a page turner. Having let her characters amply articulate all the reasons life stinks, Shriver starts making a case...
Particularly keen on conversation are the elderly, who account for more than one-fifth of the Japanese population and are increasingly living alone. Customers 65 and up make up a majority of Table-Mono's business. "This is one of the main reasons for [Table-Mono's] success," says Yamazaki...