Word: crisises
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Still, there may be more to this tale than the electoral cycle. The longer-term forces go back to the late 19th century, when industrialization threw up reformist parties of the left everywhere. Their natural clientele was a rising industrial proletariat; their natural program was the welfare state and income...
'Unless somebody can find a way to change human nature, we will have more crises.' ALAN GREENSPAN, former Federal Reserve chairman, arguing that the problems that caused the economic crisis are bound to recur
But the sharp shock of the 2008 financial crisis paralyzed the U.S. economy. Mass layoffs have been at a record high, flooding the labor market with job hunters. Six years of manufacturing-job losses were compressed into 18 months, overwhelming retraining programs. The collapse of home values and the tightening...
See pictures of the global financial crisis.
Harvard hasn't made it possible for you to do your child's laundry or ensure that they are in bed by 9:30 every night, but the University can now soothe your every worry about the biggest crisis to hit Harvard since we ran out of money - swine flu...