Word: speculatione
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You write that one of the major myths about American society is that we used to be prudent with our money and only recently did we go astray. What's the real history? Americans are speculative people. During and after the Civil War, for instance, there was a lot of...
The "good" news is that the worst of the problem is fairly concentrated geographically. Places where house prices have fallen the most have been hit the worst. That includes states that saw the wildest speculation and overbuilding - like California, Florida, Arizona and Nevada - and those that have been gutted the...
In the 4½ months that American journalists Euna Lee and Laura Ling have been held captive in North Korea, there has been one constant amid the rumors swirling around the case: the North Koreans wanted a high-powered emissary to come from the U.S. to try to win the...
The most famous presidential birthday bash is undoubtedly JFK's 45th in 1962, featuring Marilyn Monroe's sultry serenade, "Happy birthday, Mr. President." The event fueled speculation that the Chief Executive and the Playboy centerfold were having an affair. It also was reportedly the model for the 50th birthday party...
This is all grist for the China skeptics' mill. If low-interest loans meant to keep businesses humming are being diverted to stock speculation, how sustainable is China's recovery? An asset bubble may already be forming. The initial public offerings (IPOs) of Chinese companies in China and Hong Kong...