As Bloomberg notes, Marc Faber thinks China may crash in 9 to 12 months, and hedge fund manager Jim Chanos and Harvard University’s Kenneth Rogoff are also warning of a crash.Nouriel Roubini told Bloomberg: In China, where property prices rose a…
Posts Tagged ‘burst’
From the Bubble to the Burst: A Look Back at 25 Years of Dotcom
March 12th, 2010 |
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In 1985, the domain name .com came into existence, helping to define the modern Internet. Within two years of the registration of the first Internet domain name, major tech corporations such as Intel (Intel.com), Xerox (xerox.com), and Apple (apple.com), along with a host of smaller outfits, had all begun to make their mark on the World Wide Web. Their presence helped give birth to everything from search engines (Google, etc.) to social networks (Facebook, etc.) to a wide variety of online services in the commercial, altruistic, and just-plain-weird realms or sometimes all three at once (were looking at you, Craigslist). The following Websites represent some of the biggest successes, along with some of the most spectacular failures, of the past 25 years. For millions of users, some of these Websites will seem like old and long-gone friends; others continue to dominate the Internet to this day.
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President of the World Bank Slams the Fed (and Other Central Banks) For Embracing Bubbles and Then Trying to Clean Up the Mess Once They Burst
September 28th, 2009 |
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World Bank President Robert Zoellick says:Central banks [including the Fed] failed to address risks building in the new economy. They seemingly mastered product price inflation in the 1980s, but most decided that asset price bubbles were difficult to …
Burst dam in Russia’s Far East kills one
August 29th, 2009 |
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One person was killed and two others are missing when heavy rain caused a dam to burst in Russia’s Far East, a local emergencies ministry spokesperson said. The tragedy occurred in a village in the Magadan Region around 14:30 p.m. local time (02:30 GMT) some 27 homes were affected when the dam across the River Tummanaya burst.
Tearful Winehouse ‘reunites with wedding album’
August 1st, 2009 |
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Popstar Amy Winehouse burst into tears after reuniting with her wedding album, according to reports.
The intimate wedding album was found lying in tatters by Dermot O’Regan just days after her quickie divorce with Blake-Civil Fielder was finalised.
Some pages of the silk album were torn with gaping holes where the pair have shared out their favourite [...]
J.Lo burst into tears at surprise birthday bash
July 27th, 2009 |
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Singer/actress Jennifer Lopez burst into tears after she came to know that her hubby Marc Anthony had thrown a surprise birthday bash for her.
The Latino singer has turned 40 on July 24.
Anthony arranged a secret bash in New York on July 25, without his wife”’’s knowledge.
She was whisked to the event in a grey [...]
Four dead in US helicopter crash
July 24th, 2009 |
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A helicopter has crashed on to a highway in the US state of Maryland and burst into flames, killing all four people on board, officials say.
No vehicles were hit when the commercial aircraft came down on Interstate 70 in western Maryland.
Firefighters found the helicopter engulfed by fire by the time they arrived at the scene on Thursday night.
Visibility was said to be limited because of fog, but it was not clear if weather played a part in the crash. </p
This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.
Raccoon Checks Out SoHo Boutique
July 12th, 2009 |
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A sickly raccoon burst into a high-end SoHo boutique Saturday afternoon, forcing shoppers outside as amused employees snapped photos of the terrified animal.