Word: soundness
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Dates: during 2000-2009
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...think the economy is sound, make your butler pour the Cristal straight into your mouth...
...dollar estimate of this bailout is just that - an estimate. Think of it as that bubble that slides up or down inside a level: it keeps moving, and where it ends up depends on who's talking. Some optimists think the mortgages the Treasury will buy are basically sound, and that the ultimate loss to the government after it sells them could be as little as $100 billion. Others point to a drop in housing prices of nearly 20% since mid-2006 and say the government's eventual loss could approach $1 trillion. By seeking $700 billion - roughly akin...
...whatever happened to the lost art of existential crisis that used to be the sine qua non of college experience? I’m not advocating that we ultimately throw ourselves into the Charles River, like Quentin Compson in The Sound and the Fury. But surely it wouldn’t hurt to skip class once in awhile, go boating with dapper northern bluebloods, play with our father’s watch and indulge in jumbled metaphysical speculations about the nature of time. The incest part might have been a little weird. But Faulkner, like other writers, had a point...
...leaders who have rebounded from such a low ebb, Greenberg cited Margaret Thatcher, who was widely unpopular until she dispatched British troops to win back the Falkland Islands from Argentina. "What Gordon needs is a small war," he joked. There are none in sight, but - odd though it may sound - economic woes may yet give him some respite from the mutiny within his own ranks...
...highest among developed economies. Meanwhile, the country's growth is threatened by a global slowdown and slipped into negative territory from April to June 2008. At a press conference on Friday, Aso said that he's proud of the fact that the Japanese economy is relatively sound and that Japan didn't participate in the "money game" that led to the troubles now faced in the U.S. But, he says, that if these economic problems are systemic then "the world should come together to overcome...