Word: rusting
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...downturn in sunny San Diego that poses the far bigger risk to the U.S. economy. Detroit, Cleveland and some smaller Rust Belt cities are experiencing a traditional bust, in which economic woes spread to housing. In San Diego, the housing decline seems to be a self-generated phenomenon, the product of too-high prices and too-crazy lending practices. Now the "housing market is dragging down the rest of the economy," says Alan Gin, an economist at the University of San Diego. The same is true in and around Los Angeles, San Francisco, Phoenix, Las Vegas, Miami, Washington, New York...
...uncover new sources of job creation rather than protect the old ones," says Morgan Stanley's chief economist, Stephen Roach. "That's precisely what worked when farmers were displaced by the Industrial Revolution, when sweatshop workers lost their jobs to automated assembly lines, and when the U.S. Rust Bowl was hollowed out in the early 1980s." Former U.S. Treasury Secretary Robert Rubin agrees, but when he talks about the economic challenges facing the U.S., his tone takes on an edge of frustration. Rubin isn't really worried about the rise of India and China. He's worried about...
...what coach Dave Fish ’72 often characterized as a case of post-finals period rust, the Crimson opened the spring season with a three-game losing streak that seemed to herald a repeat of last year’s dismal outcome...
...Though he does nothing to produce deliberate surface effects on the steel, in the course of being forged and bent at high temperature, and of being left out afterward in the rain, the plates are marked with stress patterns, splatter stains and long shallow rivulets. Then, as intended, they rust. Over time they take on an appearance that's part weathered cliffside, part color field painting...
...with feather cushions, while others sip sake at a candlelit bar scattered with driftwood. Per-haps most atmospheric of all these waterside eateries is Lido, www.lido1960.de, a glass cube with 360 degree views at the center of a €5.9 million footbridge spanning the harbor. Inside, Bauhaus furnishings and rust banquettes accommodate diners feasting on trattoria-meets-brasserie staples like steak tartare and goose-liver mousse...