Word: untill
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Such transactions were so attractive that from the late '90s until 2008, when the IRS stopped the practice, cross-border leasing schemes became commonplace in Germany. Between 150 and 200 cities and towns across Germany used such deals to finance everything from public transportation to sewage systems and garbage incinerators...
But there was a risk, and it would end up costing German taxpayers dearly. It related to a term set down in the leasing contracts - massive tomes, written in English, which required the Germans to take out policies with AAA-rated insurers to cover the value of the assets for...
Since then, we've had an international monetary system in which the dollar is the main store of value. When countries want to protect themselves from the vagaries of global financial markets, they stockpile dollars the way nations in previous eras hoarded gold. This stockpiling has enabled the U.S. government...
And launching now will make your company stronger later - you'll learn to survive on fumes until the economy improves. (See how companies have survived bankruptcy.)
On a website called 37signals.com he learned about the virtues of lightweight programming languages like Ruby on Rails, which are ideal for the project he envisioned. He visited RentACoder.com and Elance.com sites where you can find software developers. He picked up the jargon he needed to describe his project so...