Word: spirale
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...economy cause problems in the financial markets because hard-pressed consumers and businesses have trouble repaying their loans. But this time - for the first time since the Great Depression - problems in the financial markets are slowing the economy rather than the other way around. If the economy continues to spiral down, that could cause a second dip in the financial system - and we're having serious trouble dealing with the first...
...croaked, all the players who thought they had their bets hedged would suddenly have "unbalanced books." That could lead to firms other than AIG failing, which could lead to still more firms failing, which could lead to what economists call "systemic failure." Or, in plain terms, a financial death spiral in which firms suck one another into the abyss...
...over when in fact each writeoff was exacerbating the situation. If they were writing down the value of their subprime related investments and raising capital, then didn't everyone have to do the same? And once that happened, the market for this stuff would get even thinner, requiring a spiral of writedowns. It has become a field day for short sellers, who are picking off the undercapitalized financial outfits...
...Scientists hope to unlock some of nature's most enduring mysteries: why is the universe expanding at an accelerating rate? What stops our own spiral galaxy, the Milky Way, from unraveling and spilling its contents across the universe? How does gravity work? (See pictures of the Large Hadron Particle Collider...
...becoming increasingly awkward and messy, and it has holes in it. For example, despite all the gravitational forces that should be reining the universe in and slowing it down, it is expanding at a quickening rate. No one knows why. And something seems to cocoon the universe's spiral galaxies, keeping them from spinning out of control. No one knows what...