Europe s Shaky Foundations

The debacle of the Reinhart Rogoff paper is widely regarded as another, fatal illustration of austerity s shaky intellectual foundations.

But this argument s intellectual foundations first laid out in a 2002 paper by 13 members of the Fed s Washington, DC, research staff are shaky, at best.

Although the numbers were never as rosy as market enthusiasts seemed to think, they did divert attention away from the shaky foundations of the newfound prosperity.

But their profitability depended on two shaky foundations a permanent fall in long term risky real interest rates, and permanent optimism about real estate as an asset class.

Shaky Social Contracts

It loaned on little collateral to shaky banks.

But the second and third reasons look shaky.

When these buildings were constructed, they were expected to more than pay for themselves. But their profitability depended on two shaky foundations a permanent fall in long term risky real interest rates, and permanent optimism about real estate as an asset class.

The very structure of society has come to be shaky.

The ceasefire agreement of 3 May 2003 has remained shaky.

This transformation is based on one sound principle and two shaky ones.

Papal authority stands on shaky ground, especially in the comparatively secular West.

Indeed, the country s future looks as shaky as it has never been.

Both foundations collapsed.

BEIJING Despite shaky economic fundamentals, US government securities are usually regarded as a safe haven.

Two matters besides the shaky global economy are especially important for the G 8 summit.

But, while financial strains have since eased, economic conditions on the eurozone s periphery remain shaky.

Structural foundations remained intact.

The Foundations of Greece s Failed Economy

The Welfare State u0027s Fragile Foundations

Law on foundations and associations (state),

BiH Laws on Foundations and Associations

External demand in the second half of 2011 is unlikely to be strong, owing to the shaky global recovery.

After a shaky start, Disneyland continued to grow and attract visitors from across the country and around the world.

BANGKOK Thailand s political and social fabric is fraying. Indeed, the country s future looks as shaky as it has never been.

The second shaky principle is that, in order to validate these instruments, issuers of CDOs relied on credit rating agencies.

Partnerships with global alliances and foundations remained strong.

The institutional foundations of democracy are growing stronger.

But, between the sub prime US mortgage crisis and the dollar s ongoing decline, America s exorbitant privilege now looks a bit shaky.

The Law on associations and foundations of BiH and same entity laws regulate the foundation, internal organization and cessation of work of associations and foundations.

SINGAPORE A year into the global financial crisis, several key central banks remain extraordinarily exposed to their countries shaky private financial sectors.

Doubts about the Irish government s solvency would then disappear quickly, and its guarantee of bank deposits would no longer look so shaky.

Foreign policy cannot be separated from its domestic foundations.

Foundations and associations are required to keep accounting records.

They understand the structural integrity of a deep avuncular lap, as compared to the shaky arrangement of a neurotic niece in high heels.

A dollar crisis could weaken the foundations of American power.

The Constitutional Treaty provides solid foundations for our shared future.

), Encyclopedia of the social and cultural foundations of education (pp.

Whereupon were its foundations fastened? Or who laid its cornerstone,

If the foundations are destroyed, what can the righteous do?

If the foundations be destroyed, what can the righteous do?

Amongst the new finds were foundations of rooms, ceramics of Classical, Hellenistic, Roman and Protochristian periods, and protohelladic II in the exterior foundations of Hellenikon above the bedrock.

Finally, mutual funds are at risk as well, because their supposedly safe investments may sour and the insurance that backs them now appears shaky.

Since much of the money market funds assets are IOUs from the world s biggest banks, the withdrawals weakened the already shaky global banking system.