Word: sinks
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...bubbles occur, naive neophytes, overconfident speculators and overleveraged money managers all leaned together on one side of the investment boat. When the boat became totally imbalanced it was enough for only a small wave-initially, the mere rumor of regulatory changes designed to cool China's stock fever-to sink the ship. On Feb. 27, China's main stock index fell 8.8%. Because of the huge leverage and increased computer trading that characterize modern finance, this sell-off triggered sharp declines in other markets from Russia to Malaysia, Japan...
...again in 1992, when it was defeated by the unpopular Tory government of John Major, itself mired in accusations of sleaze. Katwala calls that last outcome "astonishingly traumatic," and Labour's coming generation--Blair to the fore--set about ensuring that the party could never again sink so low. The result, says Katwala: "a degree of overcompensation" in the courtship of the business vote--and its cash...
...most blooming, most beautiful and happiest: an old-new nation will flourish in an ancient-new land. Then we shall relate how we fevered and worked, hungered and dreamed.'' Israel seems now a nation in a state of strange suspension. In the Dead Sea, one cannot sink, so dense is the water with minerals. Nor can one swim without difficulty. The water is heavy and bitterly stings the eyes. The body floats in uneasy weightlessness in the blue-green metallic sheen, and one looks off across
...fell to Mao Zedong, they accused his government of appeasement and worse. Joseph McCarthy, who rose to prominence in the wake of China's fall, cited Truman's refusal to rescue Chiang as evidence that his State Department was infested with communist spies. And in 1950, those charges helped sink Democrats at the polls. But historians generally think Truman did the right thing. He would have liked to save China's pro-American regime, but he recognized that the cause was hopeless. And by cutting his losses, he kept the U.S. out of an unwinnable...
...next possession forward Caleb Holmes buried a jumper. That made the score 41-40 Bulldogs, their first advantage since early in the first half. Yale would never relinquish that lead. The Bulldogs ripped off a 12-2 run to open the second half, establishing a lead which did not sink below four the rest of the night. The Bulldogs, lacking their captain, injured power forward Sam Kaplan, nevertheless managed to out-rebound the Crimson, 29-28, and outscore them in the paint, 46-40. Harvard’s help defense was severely lacking—Yale players were repeatedly able...