Word: richer
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Dates: during 2000-2009
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...bailout. If house prices head back up, fewer mortgages will exceed the value of the asset that backs them up, foreclosures will drop, and bankers will be willing to lend again. More generally, in a nation of homeowners, people will get back that cozy feeling that they are getting richer without lifting a finger. "Confidence"--today's great missing ingredient--will be restored. The crisis will end. The dreamer awakes and takes out a second mortgage, and we all live happily ever after...
...building restored confidence on real estate would be foolish. How is the country any richer if the exact same stock of existing housing is suddenly worth, say, 20% more? Other markets produce things. They sell what they produce. When prices go up, they produce more. Not so with real estate, for the most part. This market consists primarily of trading the same thing again and again. And you know the old saw about land: They're not making any more of it. Real estate is the only major consumer market in which how much you'll pay someone depends...
...worrisome news is that as the world economy grows, so does global meat consumption. The average person in the industrialized world eats more than 176 lb. of meat annually, compared with around 66 lb. consumed by the average resident of the developing world. As developing nations get richer, one of the first things citizens spend their extra income on is a more meat-rich diet. Whereas pork would once have been a rare luxury in China, today even the relatively poor in the country's cities can afford a little meat at almost every meal - so much so that pork...
Education, of course, is a major social determinant of health. More highly educated people tend to make more healthful lifestyle choices and, as they also tend to be richer, have greater access to health care. The Commission's "social determinants" cover a vast territory, encompassing virtually every factor that can be changed in a person's life by applying reasonable political and economic resources. (Early on, commissioners had considered adding the words Environmental Economic, Political, and Cultural to describe the determinants in their group's official title, but then figured that would make it too unwieldy...
...finesse in a way the game has rarely seen. He became bigger news than ever July 26, when, in the run-in to next month's NRL finals and without a word to anyone at Canterbury, he walked out on his club and sport to sign a new, richer deal with the French rugby union club Toulon. Pursued by Canterbury for breach of contract, Williams, 23, has settled out of court with his former employer and insists his rugby league days are over...