Word: panic
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...gotten ugly out there. the recent panic sparked by the global credit crisis has triggered the most serious market turbulence since the aftermath of the dotcom mania in 2001 and 2002. The Federal Reserve, European Central Bank and other central banks were forced to pump over $150 billion into the world's banking systems to stabilize short-term lending markets and reassure worried investors...
...wonder that last week, central banks - like a frazzled mother jamming a pacifier into a wailing infant's mouth - rushed in to try to calm the incipient panic, shoving $300 billion of fresh cash into the credit markets to make sure they didn't seize up entirely. (The Bank of Japan and the eurozone's European Central Bank both pumped in additional funds on Monday.) For the moment, the moves had their intended effects: following minimal losses in New York on Friday, Asian and European bourses on Monday traded mostly higher. Knowing now that central banks are willing to step...
...into the film. Such as? "It would be like carrying a pile of s___ in here and saying 'Look what we almost stepped in,'" he says. "When you have all this machinery and the clock is ticking and the dollars are just going out the window, most people panic. Paul says, 'All right, we're in a hole right now, and everybody needs to put down the shovel...
Later he'd speak to me by phone from his oddball little island [Faro, where Bergman lived his last 40 years]. He confided about his irrational dreams: for instance, that he would show up on the set and not know where to put the camera and be panic stricken. He'd have to wake up and tell himself that he is an experienced, respected director, and he certainly does know where to put the camera. But that anxiety was with him long after he had created 15, 20 masterpieces...
...Later, he'd speak to me by phone from his oddball little island [Faro, where Bergman lived his last 40 years]. He confided about his irrational dreams: for instance, that he would show up on the set and not know where to put the camera and be completely panic-stricken. He'd have to wake up and tell himself that he is an experienced, respected director and he certainly does know where to put the camera. But that anxiety was with him long after he had created 15, 20 masterpieces...