Word: zero
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...futures market is a zero-sum game. When you trade oil futures, all you're really doing is exchanging cash with other traders. You're all betting with each other on the price of oil ... except it turns out that your bets, in turn, determine the price. It's a bit of a catch-22, but that's the market...
...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, the consumer accounted for almost 70%. With American shoppers now on the sidelines - the U.S. savings rate has soared from zero to nearly 7% in the past nine months as consumers have closed their wallets - the world desperately needs someone to step into that void. (Read "China Won't Ride to World's Economic Rescue...
Spotify has been gaining popularity in Europe since its launch in 2006. The peer-to-peer program, which lets users share music from their own collections with other users, is considered one of the top music-streaming sites thanks to its huge library of songs, which play with almost zero buffering delay (that annoying choppiness that can make streaming songs - or video or TV shows - particularly frustrating). Add to that the fact that Spotify's basic service is free - advertising pays for artists' royalties - and it's easy to see where it gets its approximately 6 million users...
...fear of nuclear accidents like the one at Three Mile Island in 1979 or at Chernobyl in 1986 has begun to fade as nuclear's backers make their case in a world growing warmer. Nuclear plants, goes their argument, provide a steady supply of relatively cheap energy with zero carbon emissions. The new enthusiasm for nuclear is measurable. Over the next decade, the world is expected to build 180 nuclear power plants, up from just 39 between 1999 and today. (See pictures of the worst nuclear disasters...
...worse, you can send a message now, get any question answered now, pick your airline seat now, buy anything you want right now. Cell phones and the Internet, together with FedEx and U.P.S., finally and fully satisfy the permanent child within each of us - the impulsive child with zero tolerance for waiting. And as a result, during the last quarter century, delayed gratification itself came to seem quaint and unnecessary...