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But when this year's fiscal crunch demanded real spending cuts, Mr. Gates resisted.
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Beckers, who has also just been made chairman of Reactive Technologies, a company which offers customers ways of reducing energy use, says demand reduction can be a better way of handling an energy crunch: "Demand side management is much cheaper than building new CCGI [Combine Cycle Gas Turbine plants] or even more expensive ones like nuclear".
Nominal and real interest rates remain low, and the Federal Reserve and other central banks stand ready to cut them further should the global credit crunch demand more liquidity.
Fewer apartment buildings have been constructed in recent years, and as the economy recovers, even condo owners who were caught in the crunch are demanding higher rents.
Nick Gazin is wild about music put out by Hozac and emailed me at the crack of dawn this morning, while I was eating my Crunch Berries, demanding that I put up the premiere of this video.
The housing bust across the Atlantic was the trigger for the credit crunch, so justice demands that America suffer most from the fallout.
"This could prove critical in averting a global spectrum capacity crunch, as consumers demand more bandwidth over different devices," noted Ed Richards, Ofcom Chief Executive, in a statement.
But their reputation was tarnished in the credit crunch and demand for new CLOs has dried up.
In 2009, the market was flooded with aluminium after the credit crunch as demand fell by 20%, or 5m tons.
The world faces a looming and potentially calamitous "cold crunch", with demand for air conditioning and refrigeration growing so fast that it threatens to smash pledges and targets for global warming.
When the crunch ends, demand should pick back up.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com