Word: spiraling
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...economy grew more slowly than the global economy? Stuff at Wal-Mart and Costco and money itself stayed supercheap! Even 9/11, which supposedly "changed everything," and the resulting Iraqi debacle came to seem like mere bumps in the road. Even if deep down everyone knew that the spiral of overleveraging and overspending and the prices of stocks and houses were unsustainable, no one wanted to be a buzz kill...
...could this politically backed, popularly supported solar surge spiral into eco-disaster? That's what some say is happening to the Carrisa Plains, a sparsely populated swath of arid, sunny and relatively cheap land in eastern San Luis Obispo County, where three of the world's largest solar plants ever proposed are under review. Together, the Topaz Solar Farm, California Valley Solar Ranch (both photovoltaic projects) and the Carrizo Energy Solar Farm (a solar thermal operation) would provide energy to nearly 100,000 Golden State homes, but only by covering roughly 16 sq. mi. (41 sq km) of the ecologically...
...stop the economy's deflationary spiral, President Obama and Treasury Secretary Tim Geithner need to get toxic assets off banks' balance sheets so the banks can start lending again. With much fanfare and after much delay, Geithner on Monday unveiled the details of the government's "public-private" collaborative plan to make that happen...
...sense of focus that is as compelling as the personalities that color its pages until the last section of the book. This section is devoted to the numinous Mamah, the woman for whom Wright left his first wife of 20 years. Mamah seems to have sent him into a spiral of fervent public defiance of the contemporary behavioral norms. As her story unfolds, details that previously seemed extraneous begin to fall into place. Though the reader knows how the story will end, the sense of foreboding and the emotional impact in the final cataclysm does not diminish. The florid effervescence...
...that self-fulfilling spiral also means relative calm can follow bouts of chaos. Though the causes of Monday's global sell-a-thon remain unchanged, by Tuesday markets had mostly digested it all - and began looking for ways to pick up, muddle on, and possibly find a deal to be had in dumped stock. One reason for the bargain hunting is that investors know inordinately depressed markets mean there are deals to be had. "Half of the companies on Paris' CAC 40 have seen their stock fall to less than their equity capital - which makes no economic or financial sense...