Word: spiral
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Dates: during 2000-2009
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...sense of focus that is as compelling as the personalities that color its pages until the last section of the book. This section is devoted to the numinous Mamah, the woman for whom Wright left his first wife of 20 years. Mamah seems to have sent him into a spiral of fervent public defiance of the contemporary behavioral norms. As her story unfolds, details that previously seemed extraneous begin to fall into place. Though the reader knows how the story will end, the sense of foreboding and the emotional impact in the final cataclysm does not diminish. The florid effervescence...
...that self-fulfilling spiral also means relative calm can follow bouts of chaos. Though the causes of Monday's global sell-a-thon remain unchanged, by Tuesday markets had mostly digested it all - and began looking for ways to pick up, muddle on, and possibly find a deal to be had in dumped stock. One reason for the bargain hunting is that investors know inordinately depressed markets mean there are deals to be had. "Half of the companies on Paris' CAC 40 have seen their stock fall to less than their equity capital - which makes no economic or financial sense...
...that dismal news and more explained why the downward spiral of global stock markets is expected to continue - including Wall Street's return to the sub-7,000-point level it last visited in 1997. Some stock market analysts believe the Dow could actually dip under its 5,000 mark of 1995 if things get worse. Billionaire investment guru Warren Buffett warned his investors over the weekend that "the economy will be in shambles throughout 2009 - and, for that matter, probably well beyond". Still, Buffet went on to note that despite that terrible economic outlook overall, it "does not tell...
...that makes an immediate impression: a huge pale oblong of water, framed at one end by lavender bushes and olive trees. The view beyond takes in undulating fields, woods, hilltop churches and the distant peaks of the Appennines. Beside the pool is an ultra-contemporary pavilion with weathered-steel spiral staircase, leather sofas, library, espresso and ice machines, sauna and steam room. (See 10 things to do in Rome...
...Resisting of Cassandra Creep For weeks, Obama has reminded the nation of the fix it's in. He has spoken of the risk of downward "spiral," deepening "crises," potential economic "catastrophe" and the "big challenge" ahead. At the time, such language served a political purpose: to direct public pressure toward Congress to pass the stimulus, while making clear that the problems were inherited. But too much grim talk runs the risk of becoming self-fulfilling. As White House economists will explain, the worst fears of an economic spiral involve a self-perpetuating collapse in consumer confidence that leads...