Unfortunately, the SARS effect is concentrated on Asia -- long the fastest-growing region in the world and the one area that essentially had been keeping the global economy afloat. To the extent that this source of global resilience is now being undermine
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Consumers have stagnant real wages and they are getting hit with the shocks of higher energy prices. This is not a good combination for the overstretched consumer.Stephen Roach
I think there's every reason to believe that another jobless recovery could be in the offing in the years immediately ahead -- one that would take a comparable toll on consumer demand.
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Inflation is starting to broaden out it's starting to move up a little bit, ... The Fed certainly has to be concerned about that.
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It's time to make it official. The downside risks we have been warning of over the past several months are now coming to pass.
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The United States has long drawn comfort from the quality differential of its educational system. However, in the Internet Age with its ubiquitous diffusion of knowledge, innovation, and technological change, that may turn out to be an increasingly false sense of security.
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The West always seems to expect a hard landing in China. Yet in three instances over the past decade, China has proved the doubters wrong.
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Based on Topics: World QuotesI had the opportunity to be around my kids a lot. I guess I could have kept working, but I had them when I was 47. You only get to see all this stuff once. I just chose to work at home and watch them.
Bob Seger
Black literature is taught as sociology, as tolerance, not as a serious, rigorous art form.
Toni Morrison
What I believe in touches many aspects of religious and spiritual thought. Mainly I'm influenced and inspired by the eastern yogi's aspect of mysticism, Which is, I think, the future.
Dave Davies