When assets are seen as less risky, their prices rise.

This means that prices will rise above trend.

When interest rates rise, the prices of those assets will fall as well.

And when there are fewer assets to be held, their prices rise, too.

Since price declines would bring with them wage declines, the ratio of monthly mortgage payments to wage income would rise.

If concerted efforts are taken to balance budgets, confidence will be bolstered. And if confidence is bolstered, consumption and investment will rise.

Even in the US corporate sector, defaults will rise, owing to sharply higher corporate bond spreads.

American consumers will save more and spend less, abandoning the pattern of the last few years.

Overnight, the foreign euro liabilities of Greece s government, banks, and companies would surge.

Either way, debt ratios will rise, and the competitiveness gap with Germany will widen.

Ideally, Asian currencies would rise much more than 15 while European currencies would rise less.

Overall, the treaty has been a success. Many people, including President John F. Kennedy, believed in the 1960 s that there would be dozens of countries with nuclear weapons by now, and that their use would be highly probable.

Next year, salaries for federal employees in the UAE will rise by 30 100 , while their Qatari counterparts wages will rise by 60 120 .

Now here, our entire oceans are evaporating off the surface, and as it keeps getting hotter at some point the entire planet's going to melt down.

As China s global economic role increases, its labor costs will rise and its currency will appreciate, eroding its competitiveness.

But if it resulted from an increase in demand, the value of money will increase, which means deflation.

In the absence of solutions that alleviate growing pressure on supplies, hunger and malnutrition will increase.

By contrast, the US commitment to Afghanistan will increase, and troop levels will climb.

When that happens, inflationary expectations will mount, long term government bond yields will rise, mortgage rates and private market rates will increase, and one would end up with stagflation (inflation and recession).

While the value added tax will rise by three percentage points in 2007, economic growth will remain healthy, at nearly 2 .

When the temperature and density of that small spot are raised high enough, fusion reactions will occur and release energy.

Cypriot debt, we are told, will rise to 140 of GDP, but will fall to about 100 of GDP in less than a decade.

But once workers realize that real wages have not increased, unemployment will return to its natural level consistent with stable inflation.

If, on the other hand, the fall in sales is due to a shortage of supply while there is ample demand, then prices will rise as quantities fall.

And, even if prices remain at current levels for most of the year, global growth will slow and inflation will rise.

As long as China s commodity demand grows at a higher rate than global supply, prices will rise.

Sometime in the future, payments would rise, but borrowers were told, again, not to worry house prices would rise faster, making it easy to refinance with another negative amortization loan. The only way (in this view) not to win was to sit on the sidelines.

If foreign financing is not forthcoming, yields on US government debt will rise and the US economy will fall back into recession.

That is true even though, contrary to the assumption of Bernanke and some other FOMC members, interest rates will rise as the pace of purchases declines.

The price will fall if the increase resulted from growth in supply, and it will rise if the increase resulted from growth in demand.

As they come out of their cyclical recessions, incomes will rise, leading to increased imports and even larger current account deficits.

If consumers expect that their taxes will rise in the future, they may decide to save the tax cut rather than boost consumption.

They say, if you measure the temperature of the atmosphere, it isn't going up it's not going up at all. We've doing it very carefully now for 20 years, from satellites, and it isn't going up.

When Interest Rates Rise

And that sort of gives the impression you've got one air mass going up and down, up and down. It doesn't work like that.

When interest rates rise, as they surely will, the bubbles will burst, the prices of those securities will fall, and anyone holding them will be hurt.

If that happens, the risk of stall speed or an outright double dip recession would rise sharply in many advanced economies.

Sea levels are rising, but they have been rising at least since the early 1800 s.

As we emit more CO2, over time the temperature will moderately increase, causing the sea to warm and expand somewhat.

Until this spring, most observers had assumed that the share of the dollar in international reserves would gradually fall, while that of the euro would rise, and that the world would gradually and smoothly make a transition to a multi reserve regime.

Non OECD countries account for 87 of the increase, so their share of world primary energy demand will rise from 51 to 62 .

If you were a major emitter in the past, then for the next generation you are given a property right to very valuable emissions permits whose worth will only rise over time.

OECD countries with higher female labor force participation rates also have higher birth rates.

You drive on to a proboscis. You get out. It lifts you up.

So the air above the city heats up.