Word: road
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...Disagreeing with Roubini has not been rewarding. He predicted the current economic collapse with precision long before most economists. His forecasts for the next year or so seem reasonable and are widely viewed as a good road map for what is likely to be ahead for GDP and employment. However, he may not be right with his estimate that total banks write-offs due to toxic financial instruments sold by U.S. will be about $3.3 trillion worldwide. That is well above projections by most economists and the IMF. Nationalization of U.S. banks would cause hundreds of billions of dollars...
...mortgage program does work, the road to perdition will have been paved all the way to its end. But people may not mind taking this road, if the destination is one where housing prices will not be down an additional 15% or 20% over the next year...
...been dominated by a bitter, binary argument: is it nature or is it nurture - is genius genetically inherited, or are geniuses the products of stimulating and supportive homes? Simonton takes the reasonable position that geniuses are the result of both good genes and good surroundings. His middle-of-the-road stance sets him apart from more ideological proponents like Galton (the founder of eugenics) as well as revisionists like Gladwell who argue that dedication and practice, as opposed to raw intelligence, are the most crucial determinants of success...
...Leslie H. Gelb, of the Council on Foreign Relations, believes the Iranians won't be interested in small accommodations and will probably hold out for more substantive discussion. That's because the Iranians have been down the road of small-bore cooperation with the U.S. before, most recently on Afghanistan, and have invariably been left with nothing to show for their efforts. "They'll wait for a [broader] conversation," he says. Only after comprehensive talks begin, Gelb says,"can there be individual acts of cooperation by each side, to show good faith...
...Road warriors grown accustomed to regional jets on commuter hops flinch at the idea of a turboprop. Perhaps it's that sensation of being crammed into a flying matchbox while a man inside your head uses a jackhammer to tunnel his way out. (Read President Obama's statement on the tragic crash...