Word: stucke
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...need all of that slickness and more. Germany is stuck in its worst recession since WWII and exports are plunging. The young politician was elected to the German parliament just seven years ago representing the conservative Christian Social Union (CSU) party, which is aligned with Chancellor Merkel's party. A fluent English speaker, he soon made a name for himself in parliament as a foreign policy and defense expert. But it wasn't until last fall, when the CSU went into meltdown after suffering big losses in the Bavarian state elections that Zu Guttenberg was thrown into the spotlight. Last...
...like waves. At one point, FlyBy joined everyone else in the room as we ran from one end of the Artspace to the other, creating a giant balloon tsunami. For a final touch, the static electricity generated by thousands of balloons rubbing against each other allowed some to stay stuck to the ceiling, creating splotches of blue...
...they have a much higher rate of default - and potential buyers will not get access to those low-cost government loans. Plus, these days, few investors are willing to take more risk than they have to. With no one to sell the lower-quality stuff to, banks may be stuck holding it. The good news is that so far, credit-card and auto loans have not had the same high rates of default as home loans. But as the economic downturn worsens, analysts say it will become harder and harder for consumers to make even the minimum payments on credit...
Sounds awfully logical. So why haven't we stuck it to these guys? Because we're afraid they'll panic. "Unfortunately, we've built a system where if you hammer those guys hard, you're going to have a global credit collapse," said Simon Johnson, a former chief economist of the International Monetary Fund who teaches at the Massachusetts Institute of Technology and whose blog, Baseline Scenario, has become essential reading for crisis buffs. The Federal Reserve and Treasury left creditors at Lehman Brothers adrift in September, and the repercussions were so dire that regulators resolved not to let such...
...nation, has been a woman in her 30s with a yearly family income of $30,000 to $35,000 and a credit score around 550 (that's low). In the past two months, though, the people at CareOne have noticed a shift. It's still women who usually get stuck making the call, and the age range isn't dramatically different. But credit problems are rapidly moving up the income scale. More and more calls are coming from people with family incomes a bit above $50,000 and credit scores above...