Word: repeatability
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...George Bailey practiced it in It's a Wonderful Life - was all about deposits and loans. You take in deposits, on which you pay a relatively low interest rate, say 2%. Then you lend that money to other people at a higher interest rate, say 7%. Pocket the difference. Repeat. But starting in the early 1970s, banks began funding less of their lending with old-fashioned deposits. Bank deposits backed 90% of all loans four decades ago; today they back 60%. Where does the rest of the loan money come from? From the bank's past earnings and the money...
...conspiracy theories,’ you might take a look at a history in which the official story was a poor guide to anything that mattered much, and in which rumor sometimes verged on the truth...as ‘older blacks like to repeat,’ when ‘white folks say “justice,” they mean ‘just...
...Taliban is telling Afghans that history will eventually repeat itself and that NATO will go the way of all foreign armies in Afghanistan. That's why breaking the Taliban's stride by inflicting some painful battlefield defeats appears to be the key strategic goal of Gates' Afghanistan surge, in which combat brigades comprising some 12,000 troops will be added to the 36,000 currently deployed there. Those troops will be used to strengthen the approaches to some of the country's major cities and to go toe-to-toe with insurgents in the south and east in order...
...Still, union leaders warn they may repeat the action if Sarkozy fails to respond to what they say was the biggest labor protest in 20 years. "I cannot imagine tomorrow we'll hear the same old 'I saw nothing, I heard nothing, and I have nothing to say,'" Bernard Thibault, general secretary of the General Confederation of Labor warned Thursday. "It's just not possible...
...Indications Thursday that work stoppages in some transport systems like the Paris Metro were less severe than expected additionally emboldened officials to repeat pledges they'd stay the reform course. "I don't think you can zap and change policies constantly," said Budget Minister Eric Woerth Thursday. "We must remain level-headed during this very, very stormy period...