Word: recessional
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Of course, not all economic metaphors are as long-lasting as the housing "bubble." Back in the beginning of 2008, when we were all still skittish about actually using the word recession, one metaphor some people turned to was that of an economic "undertow": it takes you out to sea...
2. On the futility of consumer capitalism: "We take wondrously adaptive capacities for human self-display - language, intelligence, kindness, creativity, and beauty - and then forget how to use them in making friends, attracting mates and gaining prestige. Instead, we rely on goods and services acquired through education, work and consumption...
We argue that these benefits bring added responsibility besides just educating students and providing research, as there are plenty of for-profit institutions that fulfill these roles. In the midst of a recession, Harvard is in a better position than almost any other large institution to support the local community...
But what was once a promising new market for U.S. gaming companies has in the last 18 months become a money-sucking crap shoot. Recession and the global credit crisis have turned some bottom lines red, while major new projects have been shelved due to lack of financing and an...
While MGM Mirage has been hit by a regulatory bombshell, other Macau casino operators are suffering financial fallout in a market turned cold by recession and an unexpected shift in Chinese policy. Last year, Chinese authorities without explanation began restricting the number of citizens who were allowed to enter Macau...