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Word: tulipmania (lookup in dictionary) (lookup stats)
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...Economic reality, in other words, is settling in across the nation. Every tumultuous period of financial boom and bust comes to be defined by a word or catchphrase. Tulipmania. The Great Depression. The dotcom bubble. The word that could define the financial times we are now living through - and the economic pain that has begun - is leverage...

Author: /time Magazine | Title: Living in a World with Less Credit | 10/23/2008 | See Source »

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