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...Pessimists, of course, will look at that theory and wonder where that nascent recovery has been hiding. If unemployment rises sharpest after the slowdown is done, say the bears, then it follows that this round of upticks is only a prelude to a very ugly second wave of layoffs, when companies find out this winter that consumer demand just ain?t what it was in all spring...

Author: /time Magazine | Title: Is the Unemployment Glass Half Empty or Half Full? | 9/6/2001 | See Source »

...course, reviving a failed venture is dicey at any time--nearly a third of bankrupt companies undergo multiple reorganizations--let alone during the sharpest economic slowdown in a decade. And too much licensing can kill even the toniest brand's cachet, as overexposed names from Calvin Klein to Gucci can unhappily attest...

Author: /time Magazine | Title: Peterman Reboots | 8/20/2001 | See Source »

...sharpest description of globalization ever written is this: "Modern industry has established the world market. All old-established national industries have been destroyed. They are dislodged by new industries whose products are consumed in every corner of the globe. In place of the old wants, we find new wants, requiring for their satisfaction the products of distant lands and climes... All fixed, fast-frozen relations are swept away; all new-formed ones become antiquated before they can ossify. All that is solid melts into...

Author: /time Magazine | Title: The Wrong Side Of The Barricades | 7/23/2001 | See Source »

...might as well be calling a bottom in the markets. It's not hard to do when things are this flat and analysts are forecasting an 18% year-over-year drop in Q2 results, the sharpest decline since 1991. But the real question is how long it'll stay that way. That, nobody knows, but the general feeling is it ain't gonna be over anytime soon...

Author: /time Magazine | Title: The Street This Week: Welcome to Earnings Season | 7/9/2001 | See Source »

...economy recovers and raise interest rates in 2002. According to Berner and Shepherdson, the central bank may do that as soon as next spring. While higher rates would raise the cost of mortgages, car loans and credit-card debt, they would also signal to Americans that the sharpest slowdown in a decade is behind them. It may be safe to feel more exuberant again...

Author: /time Magazine | Title: Forecast: Assessing Recession | 6/25/2001 | See Source »

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