Word: economist
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Dates: during 2000-2009
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...spending and investment by businesses, and can lead to a deflationary spiral like the one the world experienced during the Great Depression. "If price deflation leads to asset deflation and that leads to further deterioration, then that will lead to the collapse of the economy," says JPMorgan Securities chief economist Masaaki Kanno. Deflation has periodically plagued the Japanese economy for the last 15 years, ever since a spectacular asset bubble burst in the early 1990s. One of the country's revered economic figures is Korekiyo Takahashi, a former prime minister and finance minister who is credited with reining in raging...
There are those who would have women replacing this steamy bedside material outright with Newsweek or the Economist. One is certainly entitled to one’s own opinion on the issue. Personally, after a long day of dealing with papers, personal drama, and general stress, I feel a strong urge to flop down and read something light and fluffy, like Cosmo’s “Red Hot Reads.” And we all need a few new pointers now and then—just not for his body and desires alone...
Until Herman Van Rompuy became Belgium's Prime Minister 11 months ago, he was barely known even in his home country. But on Thursday night, the self-effacing former economist, whose hobbies include caravanning and writing haiku, was named the European Union's first permanent President...
...flip side, if the beaten-down U.S. dollar boosts demand for domestic products from overseas buyers, many small businesses won't be able to take advantage of it. "Your ability to meet that demand depends upon your access to credit," says Joseph Brusuelas, a director and senior economist at Moody's Economy.com...
...William Dunkelberg, chief economist with the NFIB, says it's all about consumer spending, not credit. "The biggest problem is there's no sales - that's the real killer here," he says. Only 4% of those surveyed [by the NFIB] named credit as the problem. "Capital-spending plans are at 35-year lows and inventory-investment plans are at 35-year lows. They're just not borrowing - they're not asking for it," he says...