Word: welled
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Overhyped products are going to disappoint. That's the Faustian bargain of overhyping in the first place. What I object to is the prognosticating: because Apple didn't include some crucial feature, the future of computing may well be threatened by some ominous trend. At least when you base those prophesies on a shipping product, you have an anchor to ground your speculations. But when you point out that Apple didn't include olfactory sensors in the initial iPad, and thus has fatally condemned us to a future of smell-impaired computing, you run the very real risk that Apple...
...able to take risks, but we have to protect ourselves from the risks eating us alive, which can happen when the risks are concentrated in just a few banks. Breakups would distribute risk over a greater number of players and would probably be good for the banks as well. Most financial firms are trading at very low multiples these days because of their inherent trading and balance-sheet risks. Most investors just can't understand them. They are too much like black boxes. Once you lessen the risk, the value of the strong underlying banking franchises ought to be more...
Other Asian automakers are likely to gains in specific areas. The popular Mazda 3 should gain some ground in the compact-sedan segment, while the Subaru Legacy could do well in the midsize-sedan category...
...clearly in a debt league of its own. Obama's proposed deficit, representing about 11% of gross domestic product, is part of a 10-year plan aimed at reducing the U.S. budget shortfall from its current level to a still hefty annual average of 3.6% if everything goes well. The deficit amounts may be less dizzying in Europe, but they're still a major cause of concern for fiscal purists who fear that some governments may end up drowning in red ink. Twenty of the European Union's 27 members are running deficits to ease their way through the global...
...Perhaps the worst part, however, is that deficits have risen the fastest in the euro-zone group, which requires members to limit their budget shortfalls to 3% of GDP. Many of these countries began exceeding that threshold before the financial crisis began and then went well above it after the crash. E.U. countries collectively spent $1.5 billion to save their vulnerable banking sectors and a further $200 billion in stimulus funding to revive their economies. Although the latter helped the 16-nation euro zone exit the recession in the middle of 2009, it also lifted already lofty deficit levels even...