Word: weather
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Dates: during 2000-2009
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There was always a sweet bit of fiction in the notion that Ford (F) was so much better financially than GM (GM) or Chrysler that it could weather the global economic downturn no matter how brutal it turned. All of that magical thinking came to an end as the No.2 American car company said it would have to "restructure" its balance sheet, which has always been short-hand for finding a way to remain in business...
...that sounds daunting, it isn't. Originally developed to help with weather forecasting, chaos theory takes into account that unpredictable forces are always at work, but that with the right analytical tools, underlying patterns emerge and a sort of order - although not the linear kind - becomes clear. Applying it to career-planning is a relatively new thing. People - like my dad, and probably yours - used to go to work for one company right out of college or the military, stay there for 30-odd years, get an orderly series of promotions and raises, and then retire with a nice guaranteed...
...Economic cooperation is the crown jewel of the EU and demands preservation if the EU is to endure. The Euro currency is used by 16 EU nations, which together constitute an economy the same size as the United States’s, and the fair-weather economic interdependence has been a lucrative source of prestige. The EU simply cannot afford to so accurately fulfill Euroskeptic predictions and allow its unity shatter in more turbulent economic conditions...
...Although situated in a climate with considerable snowfall, Harvard has not had a cancellation of classes due to inclement weather since the infamous blizzard of 1978, a historic storm in which wind speeds were recorded at 92 miles per hour. Even Mayor Menino’s announcement of a state of emergency for Boston on Monday flew under the radar of Harvard’s meteorological decision makers...
While there is validity in Harvard’s official policy that the proximity of faculty and students allows school to proceed even in the face of inclement weather, it may be a little too stringent. Former Dean of Students Archie C. Epps III once told The Crimson that “Harvard University will close only for an act of God, such as the end of the world.” It seems excessive to force students to wait until the apocalypse to get a snow...