Word: soon
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...forensic psychologist Steven Norton. "The money comes in, the power comes in and that pushes them." What's more, says Galieti, the pyramid structure of a Ponzi scam means that there can be only one person at the pinnacle - an appealing idea for a narcissist who would just as soon not work invisible frauds inside a big investment bank...
...financial crisis hit Harvard hard this fall, decimating its endowment and prompting cutbacks across the University. In November, University President Drew G. Faust sent a dire but vague warning about the impact of the financial crisis, and details began to materialize soon thereafter. December began with the announcement that Harvard's endowment had dropped an unprecedented 22 percent—or $8 billion—and likely lost more when accounting for updated asset prices. The Faculty of Arts and Sciences halted most staff hiring in late November and then froze Faculty wages and put 70 percent of ongoing tenure...
...political will, or find the ability, to soak up all this excess liquidity. Recessions ordinarily lead to deflation or disinflation, which increase the real value of assets and act to end the recession by fostering spending. This natural and necessary corrective mechanism will be thwarted by inflation as soon as we begin to get out of the recession. That is the danger of treating a crisis of confidence as a crisis of liquidity...
...campaign trails to the break rooms of Midwestern factories. NAFTA's fifteenth anniversary this week comes at a tumultuous time: with U.S. unemployment at a 26-year high and many American companies facing grave operational challenges, the controversy over the free-trade pact is not likely to subside anytime soon...
...parties don't act soon, they risk making the same hemispheric muddle of the first half of the 21st century that they made of the last half of the 20th. And they could also spend this century on the hemisphere's sidelines. The destroyer Admiral Chabanenko just visited Havana for five days - the first Russian warship to dock there since the Soviet Union collapsed in 1991 - and it symbolized to many how low U.S. influence has sunk in the Caribbean. Cuba, meanwhile, was invited this month to a regional summit in Brazil from which the U.S. was excluded - a reminder...