Word: staved
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...political leaders have concluded that it's too soon to issue calls for more shopping. New York Times columnist David Leonhardt makes a clever pitch for spending now on things that will save you money later--such as Kindles and Costco memberships. But that's not going to stave off depression. And so government indebtedness and spending are being substituted for consumer indebtedness and spending. The federal deficit is projected to hit $1.2 trillion this year, and that's not counting the close to $1 trillion in further stimulus being contemplated by Congress...
...cholesterol, the "bad" cholesterol, to start, so they were more likely than others to be helped by the drugs' ability to prevent plaque build-up in artery walls. But many patients also had never had a heart attack or other heart event. That means statins may have helped stave off such an event altogether, a hopeful finding given that heart disease still kills more Americans than any other medical condition each year...
...revenue. When a man knows he is to be hanged in a fortnight, Dr. Johnson said, it concentrates his mind wonderfully. Journalism's fortnight is upon us, and I suspect that 2009 will be remembered as the year news organizations realized that further rounds of cost-cutting would not stave off the hangman. (See the top 10 magazine covers...
Nouriel Roubini, the New York University economics professor who was famously early in predicting that the end of the housing boom would cause a financial crisis, estimates that continued loan losses will force U.S. banks to come up with an additional $1.4 trillion just to stave off bankruptcy. And since the banks aren't likely to earn much money or attract new investors anytime soon, much of the money will have to come from the government...
...banks keep the loans and troubled bonds for now and instead provide the banks with insurance policies guaranteeing that the government will swallow a good deal of future credit losses. But a similar deal that the Fed struck with Citi did little to boost that company's stock or stave off fears that it may soon go under...