But demonstrations could get out of hand, and while most people think Mahmoud Abbas and Salam Fayyad, the Palestinian president and prime minister, can prevent violence, radical splinter groups or Hamas itself could always decide their own interests are best served by provoking a blowup.
TODAY'S recommended economics writing: China's currency under pressure (Washington Post) Japan's economy struggles for air (A Fistful of Euros) A simple-benefit-cost analysis of the Missouri levee blowup (Environmental Economics Competitivenesss, Dani Rodrik edition (Kantoos) Will Europe socialize Greek losses?
He undertook a few "corporate involvements," making commercials for Chrysler and becoming a director of Thiokol — after he had served on the investigative commission that blamed that company's shoddy O-rings for the blowup of the Challenger.
"I do not think that anybody can tell me that there is not going to be another financial blowup of some kind," Volcker said.
He conceded that the sub-prime blowup represented a failure of "the efficient-markets hypothesis," which says, broadly speaking, that market prices are always right.
Knowing the personalities, she felt that a big blowup was coming.
Now, largely as a result of misguided efforts to extend deregulation to the finance industry, we have experienced the biggest economic blowup since the nineteen-thirties.
It takes a minute to realize that what you are looking at is the giant blowup of a zigzag dart, the ribbing of a faille lapel, the arcing seam of a sleeve.
A study by James Hamilton, a macroeconomist at U.C.-San Diego, reached a startling conclusion: given the already weak state of the U.S. economy in 2007, the sharp increase in oil prices might have been enough, on its own, to tip the economy into recession, even without that year's blowup in the credit markets.
She certainly made it clear that she would be her own person, and we wondered if she was going to be perceived as a breath of fresh air or as a threat; if her straight speaking would motivate voters — women in particular — or if we were going to spend the campaign watching our back, tensed for a blowup.
The blowup was caused by a combination of things: the state of American railroads, the lingering bad taste of Nashville musical politics, and the inability of a man of Merle's high profile to get a little privacy.
