Word: consumptionism
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One such problem: residents in Japan became bothered by the mini-sonic booms created by the bullet train as it exited tunnels near residential areas. Benyus said that the solution was found by turning to a bird called the Kingfisher, which catches its prey by dive-bombing into bodies of...
But Shirakawa has previously said that it was not the lack of liquidity in Japan's economy, but the lack of demand that is behind the economic situation. On Nov. 20, the day that Hatoyama acknowledged deflation, Shirakawa said, "We need to work on the core reason for [deflation]: weak...
Sabrido is adamant that the Happy Meal and its ilk pose a risk, pointing to a 2008 study by the U.S. National Bureau of Economic Research that found obesity among American children could be reduced 18% if fast-food advertising was banned. "Many scientific studies have clearly established a connection...
We are all puritans now. over the past two years, Americans have largely stopped spending more money than we had and running up credit-card tabs we couldn't pay off. To a great extent, we've been hectored into behaving more like our parsimonious Pilgrim forebears, whose expression of...
And yet it's fair to say that the relationship between China and the U.S. is not something that most Chinese or Americans like. Say China to many Americans, and they will speak of cheap and potentially dangerous products, unfair trade practices, human-rights violations and outsourcing. Mention the U.S...