Word: unfoldment
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Friends in High Places Not least of those explanations has to do with Blankfein's appearance in the call logs of Henry Paulson, his predecessor as Goldman CEO, who was Treasury Secretary while the financial crisis started to unfold in early 2007 up until January 2009. For instance, in the week after Paulson allowed Lehman Brothers to collapse into bankruptcy last Sept. 15 - and while the Secretary was playing a major role in deciding whether to pump $85 billion into the rescue of insurance behemoth AIG - Paulson and Blankfein spoke 24 times. On one level it makes sense: a Treasury...
...people - will catch the illness. "We know that influenza usually takes off in the winter months," says Alan Hay, director of WHO's World Influenza Center in London. "We assume that to be the case with H1N1. But there's no way to know precisely how a pandemic will unfold...
...Daniels have spent the bulk of their working lives searching for a virus that could cause a pandemic. Now they are watching a pandemic unfold in front of their eyes. When he talks about influenza, Daniels tends to use his hand as a visual aid, cupping his palm to mimic the virus's spherical structure and pretending his curled fingers are the sphere's protein spikes. As he looks down at his hand, his face breaks into a wry smile. "Forget the pandemic strain for a second and consider seasonal flu," he says. "How this virus can continue to evolve...
...sure, even if darker scenarios never unfold and China's economy continues to power ahead, it will probably not, on its own, be enough to drag the rest of the world into a recovery. Size matters. The U.S. has a $14 trillion economy; China's is $4.4 trillion. The U.S. accounted for nearly 21% of total global GDP last year; China just 6.4%. Chinese consumption, in other words, is growing - but is still insufficient to lift the world's advanced economies out of recession. Consumer spending drives less than 40% of China's GDP; in the U.S. before the bust...
...that a good thing? No, because if a song tells too much of the story, it takes you out of the film. Because then you're like, I'm already watching the story unfold, I don't need lyrics to tell me the exact same thing...